Delta Darkens US Third-Quarter Growth Views, Fed Taper Announcement Expected in November: Poll

Delta Darkens US Third-Quarter Growth Views, Fed Taper Announcement Expected in November: Poll
General view of metal cutting machines inside Gent Machine Co.'s 55-employee factory in Cleveland, Ohio on May 26, 2021. Timothy Aeppel/Reuters
Reuters
Updated:

BENGALURU—The U.S. economic rebound has been dented in Q3, partly on the spread of the Delta coronavirus variant, with economists in a Reuters poll also pushing their expectations back to November for when the Federal Reserve announces an impending policy shift.

Like in most countries, the U.S. economy is facing global supply chain disruptions due to the pandemic, which has also pushed up inflation.