(Reuters) – The U.S. economy is set to take off as more Americans are vaccinated, the virus gets under control and consumers become more comfortable engaging in economic activity, Federal Reserve Governor Christopher Waller said on Friday.
“I think the economy is ready to rip,” Waller said during an interview with CNBC. Waller said he expects the U.S. economy to grow by 6.5% this year and for the unemployment rate to drop to about 5% by year end.
(Reporting by Jonnelle Marte; Editing by Chizu Nomiyama)
