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Timothy Geithner Fast Facts
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Timothy Geithner Fast Facts - Local News 8
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Assessing Progress As The Economy Moves From Reopening To Recovery, Federal Reserve Governor Lael Brainard, At Rebuilding The Post-Pandemic Economy 2021 Annual Meeting Of The Aspen Economic Strategy Group, Aspen, Colorado
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U.S. economic recovery intact despite COVID-19 surge, Fed says
Reuters | Jul 28, 2021 03:46 PM EDT
People wear masks around Times Square, as cases of the infectious coronavirus Delta variant continue to rise in New York City, (Photo : REUTERS/Eduardo Munoz)
The U.S. economic recovery remains on track despite a rise in coronavirus infections, the Federal Reserve said on Wednesday in a new policy statement that remained upbeat and flagged ongoing talks around the eventual withdrawal of monetary policy support. With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen, the U.S. central bank said in a statement after the conclusion of its latest two-day policy meeting.