Heard on the Street: Fading pandemic effects are complicating the Federal Reserve’s job
to slow America’s economy don’t appear to be working, people like to say it is pushing against a string. But with the pandemic’s grip on the country continuing to loosen, right now the central bank is pushing against something much harder.
, it might feel as though things are finally getting back to normal. But that isn’t really the case. Sure, people have re-engaged in all sorts of activities that they gave up during the height of the pandemic. They still have a lot of ground to make up just the same.
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