{"id":131471,"date":"2021-07-07T22:04:13","date_gmt":"2021-07-07T22:04:13","guid":{"rendered":"https:\/\/precoinnews.com\/?p=131471"},"modified":"2021-07-07T22:04:13","modified_gmt":"2021-07-07T22:04:13","slug":"feds-bostic-infection-spike-due-to-delta-variant-could-slow-recovery","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/feds-bostic-infection-spike-due-to-delta-variant-could-slow-recovery\/","title":{"rendered":"Fed&#x27;s Bostic: Infection spike due to Delta variant could slow recovery"},"content":{"rendered":"<figcaption>FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. REUTERS\/Clodagh Kilcoyne<\/figcaption><p>WASHINGTON (Reuters) &#8211; A new rise in coronavirus infections driven by the more virulent Delta variant could cause consumers to \u201cpull back\u201d and slow the U.S. recovery, Atlanta Federal Reserve President Raphael Bostic said, adding trends in some parts of the country were \u201ctroubling.\u201d<\/p>\n<p>\u201cIf we see spikes in infections that will likely mean that people are going to pull back from engaging in the economy and our recovery is going to be a lot smaller,\u201d Bostic said at a virtual event hosted by the National Association of Black Journalists\u2019 Business Journalism Task Force.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-usa-fed-bostic-coronavirus\/feds-bostic-infection-spike-due-to-delta-variant-could-slow-recovery-idUSKCN2ED2HT\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: President and Chief Executive Officer<\/p>\n","protected":false},"author":3,"featured_media":131470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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