CBS News The complete text of Scott Pelley's interview with the Federal Reserve chairman. 2021 Apr 11 SCOTT PELLEY: Is the economy still in jeopardy? JEROME POWELL: Well, I would say this. So the economy slowed quite a bit over the winter due to the spike in COVID cases. But what we're seeing now is really an economy that seems to be at an inflection point. And that's because of widespread vaccination and strong fiscal support, strong monetary policy support. We feel like we're at a place where the economy's about to start growing much more quickly and job creation coming in much more quickly. So that's really where we are. Really though, your question goes to the risks. And there are still certainly risks, as there always are.