Not what we want to hear.
- The Omicron variant brings new risks to the economic recovery, Fed Chair Jerome Powell said Tuesday.
- Little is known about the strain, but it's already fueled market selloffs and travel restrictions.
- Even if it's less dangerous than Delta, fear could slow progress toward a full recovery, Powell said.
The economic recovery only just shifted into a higher gear. The Omicron strain now threatens to slow it all down again, Federal Reserve Chair Jerome Powell warned Tuesday.
MSN
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