Fed Chair Says Economy at Inflection Point

Federal Reserve Chair Jerome Powell told 60 Minutes that the U.S. economy is at an “inflection point,” with growth and job creation forecasts looking strong.

Said Powell: “We feel like we’re at a place where the economy’s about to start growing much more quickly and job creation coming in much more quickly.”

He added: “I would identify the principal risk to our economy right now really is that the disease would spread again more quickly.”