Atlanta Fed’s Bostic Says Some Data Suggest Recovery Pace Leveling Off

Federal Reserve Bank of Atlanta President Raphael Bostic said Wednesday there are signs that the U.S. economy’s recovery from the coronavirus pandemic-induced recession may be stalling as some parts of the country appear to have not handled reopening efforts as well as they could have.

Some real-time economic data suggest the “energy in terms of reopening for businesses and for just general activity is starting to level off,” Mr. Bostic told reporters after a video appearance.

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