By Sarah N. Lynch
WASHINGTON (Reuters) – Federal Reserve Bank of Minneapolis Chairman Neel Kashkari said on Sunday that concerns about the spread of the contagious variant of the Delta could slow the recovery of the US job market.
“It’s really creating a lot of caution,” he told CBS on “Face the Nation,” noting that between seven and nine million Americans are still out of work probably due to anxiety about the coronavirus.
Kashkari added that she had been “optimistic” before many returned to work and, while that remains her “base case”, she said that “if people are nervous about the Delta variant, that could slow some of the market recovery. labor”. . “
“The sooner we can vaccinate people, the sooner we can control Delta, the better our economy will be.”
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