COVID-19 variants biggest threat to U.S. economic recovery – Official

 Neel Kashkari, Minneapolis Federal Reserve Bank president, has said variants of the novel coronavirus were the biggest risk U.. recovery.

“The biggest risks that I see to the recovery are these variants,” Kashkari told the Club of York.

He mentioned that one variant of the virus, which was dominant in parts of the U.. easily infected younger people.

If organisations including daycare centers and schools need to be closed in response to the spread, that “set us back” he said.

“That’ not base case scenario but that’s what the experts that I consult with are warning me about,” he added. (Xinhua/NAN)