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Month: July 2021

Federal Reserve Chair Jerome Powell downplays delta variant’s threat to the economy

Federal Reserve Chair Jerome Powell downplays delta variant’s threat to the economy

The spread of the COVID-19 delta variant is raising infections, leading some companies and governments to require vaccinations and raising concerns about the U.S. economic recovery.But on Wednesday, Federal Reserve Chair Jerome Powell injected a note of reassurance, suggesting that the delta variant poses little threat to the economy, at least so far.