told CBS' "60 Minutes." Powell said contraction of the economy "could easily be in the 20s or 30s." The central bank chief said that jobless numbers will look a lot like they did during the 1930s, when the unemployment rate peaked out at close to 25%. Powell cautioned that a full recovery
for the coronavirus. However, he said the economy will avoid a depression. White House economic advisor Kevin Hassett told CNBC on Monday the Fed chief is being too pessimistic on how quickly the economy can bounce back.The World Health Organization's decision-making body
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