Second quarter grew 6.5 percent, with GDP marking full recovery from pandemic

On Wednesday, Fed Chair Jerome H. Powell said the delta variant might have fewer implications for the economic system, if it follows the sample of previous waves of coronavirus surges. Powell mentioned it was “believable” that the delta variant, which is quickly spreading amongst unvaccinated folks, might discourage folks from eating out or touring, or delay college reopenings. However vaccinations, and society’s capacity to regulate to life in a pandemic, could provide a cushion from harsh financial pressure, he mentioned. | Second quarter grew 6.5 p.c, with GDP marking full restoration from pandemic


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