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Monday Coronavirus Update: U.S. Death Toll From COVID-19 Nears 90,000

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There are over 4.7 million cases worldwide, and over 316,000 deaths.

1.4 million of those cases are in the United States, and nearly 90,000 deaths.

New York has 351,000 cases and 22,000 deaths.

There are 290,000 cases in Russia, and Johns Hopkins reports that there are 2,700 deaths in Russia.

Federal Reserve chair Jerome Powell sat down with CBS News' "60 Minutes” in an interview with Scott Pelley on Sunday night.

Powell said the United States can expect a gradual and likely bumpy recovery as lockdowns are lifted during the coronavirus pandemic, adding a full-blown sequel to the Great Depression isn't likely.

Powell did caution: "I think, though, it'll be a while before we really feel well recovered."

The Fed chief said the recovery process could run through to the end of 2021 and added that the only path to a sure recovery will be a vaccine.

"The big thing we have to avoid," said Powell, in an interview with CBS News' "60 Minutes" on Sunday, "is a second wave of the virus."

“For the economy to fully recover people will have to be fully confident, and that may have to await the arrival of a vaccine,” he said.

You can follow Katherine Ross on Twitter at @byKatherineRoss.

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