Federal Reserve press conference, 2020-03-03 — Chair Jerome Powell

Question (Nick Timiraos, Wall Street Journal): How do you expect this to—the economy to recover from this? Do you see it as a persistent decline in activity or something that will be relatively temporary and short lived?
Answer: I don’t think anybody knows how long it will be. I do know that the U.S. economy is strong, and we will get to the other side of this. And I fully expect it will return to solid growth and a solid labor market as well.