BROADCASTS.com

The Federal Reserve offered a mid-year update on the economy, after skipping the last update in March due to the pandemic. After a two-day meeting, Fed Chief Jerome Powell delivered his comments in a virtual meeting with reporters. He highlighted the fact that we are in the midst of a difficult and challenging time with great uncertainty about the future. But that said, he offered a potential timeline for a recovery that could make us economically whole over the next couple of years.