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Fed chair Powell concerned about Omicron & the economy | New York Post
Posted
November 30, 2021
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November 30, 2021
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1:23Now PlayingFederal Reserve Chairman Jerome Powell will tell a Senate committee Tuesday that the Omicron variant of the coronavirus could throw a wrench into US economic recovery efforts and hurt the country’s response to surging inflation.
“The recent rise in COVID-19 cases and the emergence of the Omicron variant pose downside risks to employment and economic activity and increased uncertainty for inflation,” Powell plans to tell Senate lawmakers on Tuesday, according to a copy of his prepared remarks.
#Powell #Omicron #COVID19
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