2021-01-13 02:05:34 GMT2021-01-13 10:05:34(Beijing Time) Xinhua English
WASHINGTON, Jan. 12 (Xinhua) The U.S. economic recovery is highly dependent on widespread vaccination as COVID-19 infections have surged across the country in months, a senior U.S. Federal Reserve (Fed) official said on Tuesday. Overall, recent indicators suggest near-term problems stemming from elevated infections and persistent public health concerns. So clearly, the near-term recovery is highly dependent on rapid, widespread vaccination, Boston Federal Reserve Bank President Eric Rosengren said at a virtual event held by the Greater Boston Chamber of Commerce. Unfortunately, to date, the inoculation rate has been disappointing, which likely will impact public health and the economy in the near term, he said.