More than 70% of people in developed markets may have received a vaccine shot by the second quarter of 2021, according to Goldman's timeline., marking a major relief for economies and travel-dependent sectors around the world.
In all major developed markets, large parts of the population are expected to be vaccinated by fall 2021. Goldman Sachs predicted that the US FDA will approve Pfizer-BioNTech and Moderna's vaccines in the coming weeks. The agency has advisory committee meetings scheduled for the two products on December 10 and December 17, respectively.
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