Raphael Bostic, President of the Federal Reserve Bank of Atlanta, said on Thursday that analysis from the Fed board suggests that successive waves of Covid-19 have been associated with a milder slowdown each time. If that happens again, he added, he thinks the US economy will grow despite new variants. 

Additional Comments:

"In early stages on omicron assessment on the economy."

"How much omicron affects people participating in the economy is key."

"I don't think demand and supply imbalances will get worse."