The Latest: Lagarde: Recovery bumpy until vaccine widespread

FRANKFURT, Germany — European Central Bank President Christine Lagarde says the recovery could be bumpy until vaccination becomes widespread.

That warning came in a speech at an online ECB conference Wednesday. She says the recent upsurge in infections gave the pandemic “a new dynamic” and economists are worried the recovery could go into reverse in the last three months of the year.

While recent news of vaccine tests are promising, Lagarde says the economy could face recurring cycles of growth and restrictions until enough people can be vaccinated.

She says the ECB could add more stimulus at its next meeting Dec. 10. Analysts have been predicting more stimulus as a surge in coronavirus cases and partial lockdowns weigh on economic growth.

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HERE’S WHAT YOU NEED TO KNOW ABOUT THE VIRUS OUTBREAK:

— Texas becomes first US state with more than 1 million confirmed COVID-19 cases

— European Central Bank President Christine Lagarde: Recovery bumpy until vaccine widespread

— U.S. reaches 1 million coronavirus cases in first 10 days of November

— During the early days of the coronavirus, top World Health Organization scientists described some countries’ approaches as “an unfortunate laboratory to study the virus” and a “macabre” opportunity to see what worked, recordings obtained by The Associated Press show.

— Hong Kong and Singapore will start an air travel bubble this month, allowing travelers from each city to visit the other without entering quarantine.

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Follow AP’s coronavirus pandemic coverage at http://apnews.com/VirusOutbreak and https://apnews.com/UnderstandingtheOutbreak

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