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PRESIDENT OF THE FEDERAL RESERVE BANK OF MINNEAPOLIS, NEEL KASHKARI

REUTERS: Fed's Kashkari says variants are bigegest risk for recovery

Variants of the virus that causes COVID-19 post the biggest threat to the U.S. economic recovery, Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday.

“The biggest risks that I see to the recovery are these variants,” Kashkari told the Economic Club of New York, noting the ability of one variant now thought to be dominant in parts of the United States to easily infect younger people.


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