The impact of Delta-variant on US economy will be seen later on, said Governor Jerome Powell in the Fed’s press meeting today.
According to him it will take some time the see the Delta-impact. The vaccinations are effective against severe Covid-illness, so it might be that there will be no need for future lockdowns, but we have to watch the development, he said.
According to him, Fed is still working remotely, but expects that the back to office could happen in a couple of months. Fed is closely following the new guidances from the CDC, he stated.
ComteamPUB+ 