US Federal Reserve System: spread of omicron strain could lead to unemployment and inflation USA. This assessment was given by the chairman of the US Federal Reserve System Jerome Powell in a statement published on the official website of the department.
“The increase in the incidence of coronavirus and the emergence of the omicron strain can lead to a decrease in employment, economic activity and inflation,” – Powell highlighted in the document.
He explained that growing anxiety about the virus among the population of the country could lead to people being afraid to go to work, which in turn will affect the growth of unemployment and lead to a gap supply chains.
The Fed chairman also noted that similar factors driving inflation will continue in 2022.
Earlier, US President Joe Biden called the new omicron strain of coronavirus infection a cause for concern but not a cause for panic. At the same time, he said that he does not see the need for lockdowns and new transport restrictions due to the omicron strain of the coronavirus, which “sooner or later” will reach America.