{"id":656060,"date":"2021-08-17T19:51:26","date_gmt":"2021-08-17T23:51:26","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=656060"},"modified":"2021-08-17T19:51:30","modified_gmt":"2021-08-17T23:51:30","slug":"fed-chairman-powell-not-clear-yet-whether-the-delta-strain-will-have-important-effects-on-the-economy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fed-chairman-powell-not-clear-yet-whether-the-delta-strain-will-have-important-effects-on-the-economy\/","title":{"rendered":"Fed Chairman Powell: Not clear yet whether the Delta strain will have important effects on the economy"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffed-chairman-powell-not-clear-yet-whether-the-delta-strain-will-have-important-effects-on-the-economy%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=656060&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2493629\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2493629\" class=\"wp-caption-text\">Federal Reserve Board chairman Jerome Powell on Capitol Hill in Washington. (Graeme Jennings\/Pool via AP, File)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 4:43 PM PT \u2013 Tuesday, August 17, 2021<\/h5>\n<p>Federal Reserve Chairman Jerome Powell said the COVID-19 pandemic has changed the economy in some important ways, but only time could tell how long these changes would last. Powell made the comment during a virtual meeting with students and teachers on Tuesday, where he noted the pandemic has continued to cast a shadow on economic activity.<\/p>\n<p>\u201cA couple of months ago, we were ahead of many other similar countries in vaccination. Now we\u2019re falling behind,\u201d he stated. \u201cOne result you\u2019re seeing is the current outbreak of the Delta strain that we\u2019re seeing in some parts of the country.\u201d<\/p>\n<p>Powell added the U.S. has remained well below levels of early 2020 employment in a number of areas including travel, leisure and hospitality. In addition, Powell said people and businesses have learned to adapt, but the impact of the Delta variant on the economy\u2019s recovery remained unknown.<\/p>\n<p>\u201cSo one thing that\u2019s happened as the pandemic has continued is that people and businesses have improvised and learned to adapt to live their lives despite COVID,\u201d he explained. \u201cI would say it\u2019s not yet clear whether the Delta strain will have important effects on the economy. We\u2019ll have to see about that.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Watch Chair Powell&#8217;s town hall with educators and students: <a href=\"https:\/\/t.co\/Wm1tjlHNLY\">https:\/\/t.co\/Wm1tjlHNLY<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/FedTownHall?src=hash&amp;ref_src=twsrc%5Etfw\">#FedTownHall<\/a>  <\/p>\n<p>More resources: <a href=\"https:\/\/t.co\/uY2JczoDIJ\">https:\/\/t.co\/uY2JczoDIJ<\/a>  <a href=\"https:\/\/t.co\/7GbZSglyvF\">https:\/\/t.co\/7GbZSglyvF<\/a>  <a href=\"https:\/\/t.co\/Npwb0LGbzh\">https:\/\/t.co\/Npwb0LGbzh<\/a><a href=\"https:\/\/t.co\/5jwoiIM2Av\">https:\/\/t.co\/5jwoiIM2Av<\/a><a href=\"https:\/\/t.co\/P5CslYvAoQ\">https:\/\/t.co\/P5CslYvAoQ<\/a><a href=\"https:\/\/t.co\/S6Xfz0ZvzR\">https:\/\/t.co\/S6Xfz0ZvzR<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/TeachEcon?src=hash&amp;ref_src=twsrc%5Etfw\">#TeachEcon<\/a><\/p>\n<p>\u2014 Federal Reserve (@federalreserve) <a href=\"https:\/\/twitter.com\/federalreserve\/status\/1427748635698241544?ref_src=twsrc%5Etfw\">August 17, 2021<\/a><\/p>\n<\/blockquote>\n<p>Meanwhile, Powell stressed millions of people who had service sector jobs are still out of work and that part of the economy\u2019s recovery is still far from complete.<\/p>\n<h4>MORE NEWS:&nbsp;<a href=\"https:\/\/www.oann.com\/adam-laxalt-officially-throws-his-hat-in-the-ring-to-be-next-nev-senator\/\">Adam Laxalt Officially Throws His Hat In The Ring To Be Next Nev. Senator<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Federal Reserve Board chairman Jerome Powell on Capitol Hill in Washington. (Graeme Jennings\/Pool via AP, File) OAN NewsroomUPDATED 4:43 PM PT \u2013 Tuesday, August 17, 2021 Federal Reserve Chairman Jerome &#8230;<\/p>\n","protected":false},"author":7,"featured_media":2315279,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-656060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/656060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=656060"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/656060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=656060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=656060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=656060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}