COVID vaccines are working

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Bank of America has published an interesting chart on the rising COVID vaccination rates across the USA and UK, where around 70% of their populations have received at least one shot:

The US administered 21mn vaccine doses over the past week, increasing the total to 218.9mn. Europe administered 21mn doses this past week, for a total of 194mn.

Reflecting this, infection rates across the US and UK continue to fall:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.