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Fed's Powell: U.S. economy at an 'inflection point' - CBS '60 Minutes'

From reuters.com

The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the months ahead, but some risks remain, particularly any resurgence in the coronavirus pandemic, Federal Reserve Chair Jerome Powell said. In a brief preview of a longer interview with CBS’ news magazine program “60 Minutes” set to air in full on Sunday night, Powell echoed both his recent optimism about the economy and a now-familiar warning that COVID-19 remains the main risk. “We feel like we’re at a place where the economy is about to start growing much more quickly and job creation coming in much more ... (full story)

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