Federal Reserve chairman raises concerns economy may open too quickly (Yahoo Finance)

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Federal Reserve Chairman Jerome Powell raised concerns Sunday in a “60 Minutes” interview about the possibility of a spike in Covid cases if the economy opens up too quickly, Yahoo Finance reported. “There really are risks out there,” Powell said. “And the principal one just is that we will reopen too quickly, people will too quickly return to their old practices, and we’ll see another spike in cases.” Powell overall feels US economic growth will be very strong through the second half of this year.

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