The United States Federal Reserve Chairman, Jerome Powell, said on Tuesday that the coronavirus (COVID-19) pandemic is still with us and will likely continue for a while.<\/p>\n\n\n\n
Powell noted that people and businesses have improvised and learned how to adapt and live their lives despite COVID in what he described as a new world.<\/p>\n\n\n\n
He also noted that COVID-19 is still casting a shadow on economic activity, a remark that comes in line with concerns across markets regarding the pace of the recovery.<\/p>\n\n\n\n
\u201cWe cannot declare victory yet.\u201d<\/p><\/blockquote>\n\n\n\n
<\/p>\n\n\n\n
Speaking to a group of students and educators in a virtual academic town hall, Powell mostly discussed economic education and the importance of economic as a field of study and a profession, as well as how economics students can play a major role in public service, especially considering the current challenging times.<\/p>\n\n\n\n
\u201cThis is an extraordinary time, and I believe that it will result in an extraordinary generation.\u201d<\/p>
\u201cYou will see the world differently than your predecessors. You have been forced, sooner than most people, to consider what in life is truly important.\u201d<\/p>
\u201cThis is a historical inflection point, and this generation of students is in a position to turn its lessons into profound tools of change.\u201d<\/p><\/blockquote>\n\n\n\n
<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
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