The Economic Rebound From Covid-19 Was Easy. Now Comes the Hard Part.

The world wide economy’s comeback from very last year’s deep contraction is approaching a sensitive juncture, as coverage makers and executives grapple with the bumpy transition from the article-pandemic reopening to a more normalized speed of progress.

Central financial institutions in the U.S. and somewhere else are making an attempt to chart a path that will control inflation but not choke off progress as they navigate the process of weaning economies off the amazing measures—including rock-bottom desire prices and great bond-purchasing programs—deployed to help their economies.