Federal Funds Rate <0.50%<0.50%<0.25%

Green pips

Yellen’s Call with United Kingdom Chancellor of the Exchequer Rishi Sunak, forcefully addressing the threat of climate change

Fed's powell says we are a long way from a full recovery.powell: Real unemployment rate is closer to 10%

Fomc: Sees more virus-caused weakness

“It is highly likely there are many variants evolving simultaneously across the globe,” Jason McDonald, a spokesman for the CDC

Moderna says it’s working on Covid booster shot for variant in South Africa, says current vaccine provides some protection

The FDA’s vaccine director, Dr. Peter Marks, said the agency will carefully track any reports of allergic reactions in the U.S.

“I think we still need to learn more, and that’s why we’ll be taking precautions,” Marks said.

"While we cannot predict how long the FDA’s review will take, the FDA will review the request as expeditiously as possible, while still doing so in a thorough and science-based manner, so that we can help make available a vaccine that the American people deserve as soon as possible," FDA Commissioner Stephen M. Hahn said Friday

*POWELL: PACE OF IMPROVEMENT SLOWING, RECOVERY HAS BEEN UNEVEN. "Significant downside risks," with new spread of virus and 15 states shutting down some commerce. Need virus control for economy. EVEN IN THE BEST CASE WIDESPREAD VACCINATION IS MONTHS IN THE FUTURE