Thursday, March 18, 2021

Did You Know? 3-18-2021


DID YOU KNOW? The Federal Reserve yesterday sharply ramped up its expectations for US economic growth but indicated that there are no interest rate hikes likely through 2023 despite an improving outlook and a turn this year to higher inflation. While many lament the inflation fuel of $1.9 trillion in additional stimulus, this money will be injected into the economy over many months, well into 2022, thereby slowing the impact somewhat. (CNBC)

 

DID YOU KNOW?  The decline of COVID cases is slowing......the reality is only once the vast majority of Americans are vaccinated will these numbers come down sharply. Approximately 2.4 million Americans are being vaccinated daily now, almost double the January daily average. The good news? The death rate fell over 32% over the past 2 weeks and continues to come down. Hospitalizations are also down in the double digits. Please wear masks, distance, ventilate rooms, wash hands. We may be 90% vaccinated by August.

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