WASHINGTON (Reuters) – The economic recovery is in a “rough patch,” Atlanta Federal Reserve president Raphael Bostic said on Thursday, but job growth should accelerate as the impact of vaccines is felt.
Bostic noted that as the reopening of the economy proceeds, jobs should be added faster, and possibly at the swift pace of last spring. “I am optimistic we can make that happen,” Bostic said in opening remarks to an Atlanta Federal Reserve banking conference.
(Reporting by Howard Schneider; Editing by Chizu Nomiyama)
