Even as the economy charged ahead and inflation soared, the Federal Reserve and a band of savvy Wall Street investors have been acting as if the recovery was still very frail. A chief reason it appears? The mutating coronavirus.
Even as the economy charged ahead and inflation soared, the Federal Reserve and a band of savvy Wall Street investors have been acting this summer as if the recovery was still very frail. A chief reason it appears? The mutating coronavirus.
The U.S., to be sure, is in a better spot than most countries. About 60% of American adults are fully vaccinated and millions more who’ve already contracted the virus also have antibodies. The vast majority of people contracting the virus are unvaccinated, statistics show. Be that as it may, many states might consider new restrictions if the stream of new cases turns into another flood. That’s what happened last winter in a punishing blow the U.S. economy.
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