Powell: U.S. Economic Downturn from Covid-19 Worst Since World War II

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  • Federal Reserve Chair Jerome Powell said Tuesday the scope and speed of the economic downturn due to Covid-19 in the U.S. “are without modern precedent and are significantly worse than any recession since World War II.”

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    In This Story: Covid-19

    Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

    Symptoms of coronavirus

    The main symptoms of coronavirus are:

    • a persistent new cough (non productive, dry)
    • a high temperature (e.g. head feels warm to the touch)
    • shortness of breath (if this is abnormal for the individual, or increased)

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