Vaccine Boosts Fed Confidence That Worst-Case Outcomes Can Be Avoided

Federal Reserve officials have something new to talk about at their policy meeting this week: good news. This might sound a little absurd. Covid-19 infections, hospitalizations and deaths are hitting records. States and localities are imposing new restrictions on dining and other activities. Claims for unemployment benefits are rising, and the jobless rate fell in November for the wrongContinue reading “Vaccine Boosts Fed Confidence That Worst-Case Outcomes Can Be Avoided”