Fed Chief: New Surge in Cases is Beginning to Weigh on the Economy

Washington Post, July 29, 2020–Rachel Siegel
“On balance it looks like the data are pointing to a slowing in the pace of the recovery,” Federal Reserve Chair Jerome H. Powell said during the Fed’s news conference on Wednesday. “I want to stress it’s too early to say both how large that is and how sustained it will be.”
https://www.washingtonpost.com/business/2020/07/29/powell-fed-economy/?hpid=hp_business-1_fedpowell-230p%3Ahomepage%2Fstory-ans