Powell: Unemployment is around 11% to a large extent

Federal Reserve Chairman Jerome Powell said the risk of oversupply is lower than the risk of oversupply. The current deal is unclear, and the financial expansion has yet to be finalized. The recovery process is faster than necessary. However, there is still a long way to go for the industry to recover. He said we must continue to manage the risks to the economy. President Powell said the unemployment rate was around 11%. He said the recovery would be stronger and faster if monetary and fiscal policies worked together until the economy was clearly out of crisis.