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Next few months could be challenging until vaccine available By Reuters

© Reuters. FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas

ECONOMIC NEWS

Next few months could be challenging until vaccine available By Reuters

© Reuters. FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas

(Reuters) – A vaccine to prevent the coronavirus may not be widely available until next summer, and households could struggle over the next several months without more government aid, Richmond Federal Reserve Bank President Thomas Barkin said on Monday.
The policymaker is expecting a “slow and steady” recovery, he said during an event organized by Greater Winston-Salem, Inc. He also said he thinks there is still room for a targeted aid package to help the workers, businesses and municipalities affected by the crisis.
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