Fed's Powell Says Economy May Be Entering 'New Normal'

The transcript discusses the impact of the pandemic on daily life and the economy, highlighting the Federal Reserve's response through ongoing 'Fed Listens' events. These events provide valuable insights that guide policy decisions and enhance transparency. The Fed is committed to addressing economic disruptions and adapting to the new normal of the American economy.

How does the Fed plan to use its tools to navigate the economic disruptions?

What challenges and opportunities are shaping the new normal of the American economy?