Prognosis

Covid Stunts U.S. Economy; Austria Curbs Unvaxxed: Virus Update

Photographer: Cate Dingley/Bloomberg
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The U.S. economy’s fate remains tied to the pandemic, which is worsening again around the globe. Minneapolis Fed president Neel Kashkari said fear of the virus is deterring people from returning to work, while Treasury Secretary Janet Yellen blamed the pandemic for accelerating inflation.