Powell warns of ‘significant uncertainty’ about the recovery and says small businesses are at risk

Powell warns of ‘significant uncertainty’ about the recovery and says small businesses are at risk

Federal Reserve Chairman Jerome Powell warned Tuesday about “significant uncertainty” regarding the pace of the U.S. economic recovery and said small businesses and lower-income and minority Americans are particularly at risk.

During the first day of his semiannual testimony before Congress, Powell told the Senate Banking Committee that while some indicators have shown improvement, there’s…

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