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Delta darkens U S Q3 growth views, Fed taper announcement expected in Nov

The U.S. economic rebound has been dented in Q3, partly on the spread of the Delta coronavirus variant, with economists in a Reuters poll also pushing their expectations back to November for when the Federal Reserve announces an impending policy shift.

Delta darkens U S third-quarter growth views, Fed taper announcement expected in Nov: Reuters poll

UK economic recovery to continue but new COVID-19 strains a threat: Reuters poll

Jonathan Cable 3 minute read Summary reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=GBBASEQP BoE poll Reuters poll graphics on the UK inflation, monetary policy and economic growth outlook:https://tmsnrt.rs/2UPNwRv Reuters poll graphics on the UK economic outlook:https://tmsnrt.rs/3enAdip LONDON, July 16 (Reuters) - Britain s economy will expand rapidly this quarter as additional coronavirus-related restrictions are lifted and further pent-up demand is unleashed, a Reuters poll found, but growth is at risk from new variants of COVID-19. The country has suffered the highest death toll in Europe from the pandemic but a fast-moving vaccine rollout has allowed the government to withdraw many of the lockdown restrictions, with more set to lifted on Monday. read more

BoC to taper on July 14, new COVID variants risk to economy

Mumal Rathore 3 minute read A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo BENGALURU, July 9 (Reuters) - The Bank of Canada will taper its asset purchases again at its July 14 meeting, encouraged by robust growth prospects, according to a Reuters poll of economists who also said a spread of new COVID-19 variants was the top economic risk this year. After recording its steepest annual decline last year since quarterly data was first noted in 1961, Canada s export-driven economy was forecast to grow 6.2% on average in 2021, the July 5-8 poll of 32 economists showed, marking the fastest annual expansion since 2007.

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