CNBC Television published this video item, entitled “Fed Chair Jerome Powell: It’s in our interest to make sure vaccinations happen globally” – below is their description.
Federal Reserve Chair Jerome Powell takes questions from reporters on the U.S. central bank’s outlook as delta variant cases rise. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
Federal Reserve Chair Jerome Powell said a rise in Covid cases due to the spread of the delta variant may not have a significant impact on the economic recovery.
“With successive waves of Covid over the past year and some months now, there has tended to be…less in the way of economic implications from each wave, and we will see whether that is the case with the Delta variety,” Powell said.
“It’s certainly not an unreasonable expectation,” he added.
However the central bank chief emphasized the continued risk that Covid poses.
“As long as Covid is running loose out there, as long as there is time and space for the development of new strains, no one’s really finally safe. These strains, there’s no reason they just can’t keep coming…one more powerful than the next,” Powell said.
Powell emphasized the importance of vaccination in combatting the virus.
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
https://www.cnbc.com/select/best-credit-cards/
#CNBC
#CNBCTV
CNBC Television YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.