(NPR) Fed's Jerome Powell: Jobless Rate Better Than Expected; Recovery To Take A Long Time

Fed's Jerome Powell: Jobless Rate Better Than Expected; Recovery To Take A Long Time

Federal Reserve Chairman Jerome Powell speaks to reporters on March 3 in Washington, D.C. In an interview Friday with NPR, Powell says it may take years before the economy has fully recovered.



Eric Baradat/AFP via Getty Images


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Eric Baradat/AFP via Getty Images

Economy

Fed's Jerome Powell: Jobless Rate Better Than Expected; Recovery To Take A Long Time

In an interview with NPR, Powell says it may take years before the economy has fully recovered. He says practicing social distancing and wearing masks is essential for the economy to rebound.