Good morning. Friday in Whitewater will be sunny with a high of 87. Sunrise is 5:51 AM and sunset 8:10 PM for 14h 18m 31s of daytime. The moon is a waxing gibbous with 51.1% of its visible disk illuminated. On this day in 1864, the Battle of Mobile Bay begins at Mobile Bay near Mobile, Alabama,…
Federal Reserve
Coronavirus, Economics, Economy, Employment, Federal Reserve, Public Health
Federal Reserve Chair Powell’s Interview on Economic Recovery
by JOHN ADAMS • • Comments
Last night, 60 Minutes broadcast an interview with Federal Reserve Chairman Jerome Powell in which Powell discussed current economic conditions and prospects for recovery. (Powell sat for the interview on Wednesday, 5.13.20 with Scott Pelley of CBS News.) The interview is available online, as is a transcript. Below are excerpts from the transcript (although Powell’s…