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Brazil FX in somber mood as pandemic roars on, pressure mounts on government: Reuters poll

Brazil FX in somber mood as pandemic roars on, pressure mounts on government: Reuters poll
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Biden s stimulus to fuel faster U S recovery; jobs outlook still dull: Reuters Poll | WSAU News/Talk 550 AM · 99 9 FM

By Syndicated Content By Manjul Paul and Shrutee Sarkar BENGALURU (Reuters) - The U.S. economy will grow faster than previously thought and reach pre-COVID-19 levels within six months, according to a majority of economists polled by Reuters who however said unemployment would take well over a year to recover. Optimism was largely driven by the House of Representatives passing President Joe Biden s $1.9 trillion relief aid in response to the pandemic, which has killed around 530,000 people in the U.S. and left millions out of work. After shrinking 3.5% last year, the world s largest economy was forecast to grow 5.7% this year - the highest since polling began for this period over two years ago, according to the March 8-11 survey of over 100 economists.

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