Thursday, December 18, 2025 | 05:11 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Covid-19 impact: Fed policymakers see economy plateauing, risks ahead

Business owners are "nervous again," Ralph Bostic, president of the Atlanta Federal Reserve Bank, said in webcast remarks to the Tennessee Business Roundtable.

loss, economy, shares, stocks, market, investment, savings, gdp, growth, revenue
premium

After large swathes of the US economy reopened and trillions of dollars in fiscal stimulus began to reach the unemployed and hard-hit businesses, the economy created 4.8 million jobs in June.

Reuters
The US economy faces stiff headwinds in staging a strong recovery as a surge in coronavirus cases without a vaccine in sight and few treatment options will likely limit consumer spending and the labor market, US Federal Reserve policymakers said on Tuesday.
 
Business owners are "nervous again," Ralph Bostic, president of the Atlanta Federal Reserve Bank, said in webcast remarks to the Tennessee Business Roundtable. "There is a real sense this might go on longer than we have planned for." The next three to six weeks could prove critical in the pace of an economic recovery that Bostic suggested may