FOX BIZ NEWS: Fed's Powell: GDP could sink by 30% in second quarter, may turn positive in third quarter

Fed's Powell: GDP could sink by 30% in second quarter, may turn positive in third quarter



In a "60 Minutes" interview with Scott Pelley on Sunday, Federal Reserve Chairman Jerome Powell predicted the economy would "decline substantially" in the second quarter, as much as four times compared to the previous year. 

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