Cathay Bank and UCLA Anderson Forecast present the 2021 Economic Outlook Virtual Seminars
There have been signs of a rapid recovery, with the U.S. GDP rebounding to the pre-pandemic level in Q2 2021. Meanwhile, the market points to a K-shaped recovery, with stock market prices surging 30% higher than the pre-pandemic peak, U.S. payroll jobs still 4.4% below their pre-pandemic level, and inflation rates jumping to a high level in recent months.
Will the U.S. recovery sustain? When will the Fed raise interest rates? And how will COVID-19 variants derail the recovery?
Watch the event replays below.
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