Latest Breaking News On - Federal reserve vice chair richard clarida - Page 18 : comparemela.com

3 Min Read WASHINGTON, Jan 8 (Reuters) - The ongoing distribution of two coronavirus vaccines has lifted the U.S. economy’s prospects for 2021 and lowered the likelihood of a worsening downturn, Federal Reserve Vice Chair Richard Clarida said on Friday. The new COVID-19 surge, with as many as 4,000 people in the United States dying daily and case loads growing by more than 200,000 each day, remains a near-term threat to the recovery, Clarida acknowledged on a day when the U.S. government reported the country lost 140,000 jobs in December. But over the course of the last 10 months, “the economy has turned out to be more resilient in adapting to the virus and more responsive to monetary and fiscal policy support than many predicted,” Clarida said in remarks prepared for delivery to the Council on Foreign Relations. “The welcome news on the development of several effective vaccines indicates to me that the prospects for the economy in 2021 and beyond have brightened and the d

United statesWhite houseDistrict of columbiaPaul simaoRichard claridaHoward schneiderThomson reuters trust principlesUs senateCouncil on foreign relationsDemocratic partyFederal reserve vice chair richard claridaHoward schneider editingThomson reuters trustஒன்றுபட்டது மாநிலங்களில்வெள்ளை வீடுமாவட்டம் ஆஃப் கொலம்பியா