• Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S.,

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., (Photo : Susan Walsh/Pool via REUTERS)

 It remains unclear whether the heightened outbreak of the coronavirus Delta variant will have a noticeable impact on the economy, Federal Reserve chair Jerome Powell said Tuesday.

"COVID is still with us...and that is likely to continue to be the case for a while," Powell said, but "people and businesses have improvised and learned to adapt. To live their lives despite COVID."

Like Us on Facebook