Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Powell projects US recovery to linger until end of 2021

Powell projects US recovery to linger until end of 2021

The White House is not in a hurry to make ambitious plans as well as it does not tell the American citizens stories about persistent economic growth during the pandemic. The country's authorities are well aware that they will have to keep all promises. Therefore, they are used to looking at things more objectively. Despite the fact that the US is considered to be the world’s largest economy and is better prepared for any kind of shocks, its economic recovery could take until the end of next year. However, even such a pessimistic scenario is likely to unfold only if a vaccine against the coronavirus is found. “For the economy to fully recover, people will have to be fully confident. And that may have to await the arrival of a vaccine,” Jerome Powell, the Chair of the Federal Reserve. He also added that the US economy will completely recover. However, it could stretch through the end of next year. According to US President Donald Trump, a vaccine against COVID-19 is expected to be developed by the end of this year. The question is whether these statements are true. Even according to the most optimistic forecasts, the development of a vaccine, its testing, and admission to serial production will take significantly more time. Thus, Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, and Rick Bright, the former director of the Biomedical Advanced Research and Development Authority, believe that this is likely to happen only in the second half of next year.


Back

See aslo

Close
Widget calback
Our specialist
will call you back
in five minutes
We will navigate you
through the website and
answer all your questions!
Preferred Type of Connection
Preferred language
  • English
  • Русский
  • العربية
  • Bahasa Indonesia
  • Bahasa Melayu
  • বাংলা
  • Български
  • 中文
  • Español
  • हिन्दी
  • Asụsụ Igbo
  • Português
  • اردو
  • ไทย
  • Українська
  • Tiếng Việt
  • Èdè Yorùbá
A call-back request was accepted.
Our specialists will contact you as soon as possible.
An error occurred.
Please try again later.
Can't speak right now?
Ask your question in the chat.