Federal Reserve Chair Jerome Powell told participants at the Bay Area Council Business Hall of Fame Awards Ceremony on Tuesday that the economy will never be the same after Covid-19. According to Powell, the use of accelerated technology will change the way the global economy operates as his commentary was quite similar to the recent “Great Reset” agenda.
This week the Federal Reserve Chair, Jerome Powell spoke about the economy and how he thinks things will be quite different going forward. Powell spoke at the annual Bay Area Council Business Hall of Fame Awards Ceremony on Tuesday and said his team is seeing increased Covid-19 restrictions.
“We’re seeing states begin to impose some activity restrictions,” Powell said during the online discussion with the Bay Area Council. “The concern is that people will lose confidence in efforts to control the pandemic, and … we’re seeing signs of that already.”