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Calculated Risk - Vimarsana News

Calculated Risk

SPECIAL NOTE: The Covid Tracking Project will end daily updates on March 7th. From Bloomberg on vaccinations as of Feb 23rd. "In the U.S., more Americans have now received at least one dose than have tested positive for the virus since the pandemic began. So far, 65 million doses have been given. In the last week, an average of 1.28 million doses per day were administered.​"Here is the CDC COVID Data Tracker. This site has data on vaccinations, cases and more. The US is averaged 1.35 million tests per day over the last week.  The percent positive over the last 7 days was 4.8%.

Calculated Risk: Fed Chair Powell: Semiannual Monetary Policy Report to the Congress - Vimarsana News

Calculated Risk: Fed Chair Powell: Semiannual Monetary Policy Report to the Congress

The initial wave of COVID-19 infections led to a historic contraction in economic activity as a result of both mandatory restrictions and voluntary changes in behavior by households and businesses. The level of gross domestic product (GDP) fell a cumulative 10 percent over the first half of 2020, and the measured unemployment rate spiked to a post–World War II high of 14.8 percent in April. As mandatory restrictions were subsequently relaxed and households and firms adapted to pandemic conditions, many sectors of the economy recovered rapidly and unemployment fell back. Momentum slowed subs...