laurence boone, they downgrade their outlook. we'll get that view later this morning from new york and london this morning, good morning to you-all. this is bloomberg. berg. ♪ ♪ >> the o.e.c.d. has cut its global forecast. on what the economy could get worse. the paris-based organization now expects 4.2% growth next year. that's down from 5% in september. the oecd says that the economy could slow down even more as governments withdraw support too soon or fail to deliver effective vaccine. lawmakers are warned that the u.s. economy still damaged and uncertain state. powell testified today before the senate banking committee in prepared remarks he said recent news about vaccines is very positive for the medium term. still powell said a resurgence of the coronavirus is concerning. and pfizer and its partner biontech have clearance for their coronavirus vaccine in europe. that puts it on track for a potential approval there before the end of the year. a study of almost 44,000 people showed the vaccine presented 95% it symtomatic coro

now, earlier i spoke to laurence boone,, she's chief economist at the o.e.c.d., and i asked her if the worst was over for the world's economies. so we're still in the meat of depending which, as, as many office hours to finish it. but with vaccines inside. as here, we're highlighting this hope far better future. now what police humane is, have to do what we have to do is really to breach the gap between now and the time to as the end of 2021 where the vaccines will have been widely deployed. and there's hope that life can return to something that is small normal you write in this report that within individual economies, not all groups will recover equally. who is at risk of being left behind so that's absolutely right. as, as you know, when there's, you explain it, it's very important. any economic performance of each country depends on the how, how efficient health felicie has been, and how efficient as well if you kiss the efficacy of the public support the public supposed to be in superglued for helping pheromones for helping. where cares. but there's obviously people who are left b