Covid-19 impact: Fed policymakers see economy plateauing, risks ahead

The US economy faces stiff headwinds in staging a strong recovery as a surge in coronavirus cases without a vaccine in sight and few treatment options will likely limit consumer spending and the labor market, US Federal Reserve policymakers said on Tuesday.   Business owners are "nervous again," Ralph Bostic, president of the Atlanta Federal Reserve Bank, said in webcast remarks to the Tennessee Business Roundtable.

"There is a real sense this might go on longer than we have planned for." The next three to six.

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