WASHINGTON - Three of the world's top central bankers warned on Thursday that the prospect of a Covid-19 vaccine isn't enough to put an end to the economic challenges created by the pandemic.
Mr Bailey called recent vaccine news"encouraging" and said he hoped it would reduce uncertainty but added"we're not there yet." Ms Lagarde said while it's now becoming possible to see past the pandemic,"I don't want to be exuberant." Fiscal support US lawmakers are still debating additional fiscal stimulus following Democratic President-elect Joe Biden's victory in last week's elections and a stronger-than-expected showing by Senate Republicans, which may lead them to retain control of that chamber pending the outcome of two January run-off elections in the state of Georgia.
Who cares? As long as Powell continue to print unlimited trillions of USD...and stock market is up up up...does it matter whether there is a vaccine or not?
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