Federal Reserve Chairman Jerome Powell says the U.S. appears poised for an economic growth spurt coming out of the pandemic later this year. He made that prediction in an interview with CBS's "60 Minutes" Sunday night, and it follows similar forecasts from other economists.
The Biden administration is hoping for another economic boost from its American Jobs Plan, which calls for trillions of dollars in tax credits and new spending on infrastructure.
Here & Now's Tonya Mosley speaks with Jill Schlesinger, CBS News business analyst and host of "Jill on Money."
This segment aired on April 12, 2021.