COVID recovery will depend on the health sector, according to one top economist

A top economic expert says that recovery from the pandemic will depend on how well the health sector manages the virus.

According to Esther George, the president of the Federal Reserve Bank of Kansas City, “The Federal Open Market Committee has said in its statements, over its past few meetings, that how goes the virus will be how the economy ultimately goes. To the extent that there are therapeutics, there are better ways to manage the virus, that will be a positive. To the extent there is a vaccine that the public will begin to adopt at some point, that too will begin to allow the economy to resume activities that have been pulled back on, up until now.”

She told AgriPulse Ag Outlook Forum this week that the economic recovery is progressing better and more rapidly than many predicted.

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