New York (CNN Business) – The President of the Federal Reserve, Jerome Powell, says that the United States economy is a “point of inflection” and that the creation and creation of staff is accelerating.
Powell posted these comments during an interview on CBS News’ 60 Minutes. In the interview, Powell offers a more optimistic economic panorama, in contrast to the previous comments on the recovery of the EE.UU economy.
“What we are registering now is an economy that seems to be in the middle of an inflection point,” Powell said in “60 minutes” during the interview. “And so there is a need for generalized evacuation and for the fiscal support, for the support of monetary policy. We have the sensation that we are at a point where the economy is about to start creating much more rapidly and job creation is producing much more rapidly. The perspectives have increased steadily ».
Pero eso es solo si no hay otra oleada de covid-19.
“The main risk for our economy at the moment is that the fuel wave extends. The most intelligent will be that the person says physically distancing and using mascarillas “, say” 60 minutes “.
According to CDC data, more than 183 million vacancies are administered in the United States.
This affirmation is produced after the acts published by the central bank last week have been subverted, and some time has passed “until new sustainable advances are produced” in terms of employment and inflation. The Fed reduced interest rates to early March 2020 and said it was hoping to maintain historically low levels by 2023.
“We do not know how to support the economy.” We do not know if the series of evolution “,” Powell said in the “60 Minutes” interview. “We do not have the idea of a dog and the time of the hour to carry a vacancy”.
When it comes to the hope that the current recession of the United States economy will appear in the wake of the 2008 financial crisis, Powell says that the possibilities are “very bad”. In addition, Powell mentions that the “cyber-risk” is the main concern, citing examples of great companies that pierden the ability to screen the pages that are realized.
“We have a lot of time, energy and money to protect against these things.” Now there are ciberataques all days in all the important institutions », say« 60 Minutes ». “It’s a big part of the panorama of amenities in the current world.”
Last week, Powell said he was raising inflation during the temporary series and was not preoccupied with his monetary policy at the moment. During his interview with “60 Minutes,” Powell reiterated that economic cycles have shown that inflation has not increased much since the sample declined.
“This means that we can allow them to hope that real inflation will appear before subduing interest rates,” he said. Powell added that the Fed wants inflation to be at the bottom of 2% “of sustainable form” before deciding to include interest rates.
“We can hope that real inflation is produced, and that’s what we should do,” Powell said in the interview.