President Donald Trump said he will announce on Thursday guidelines to relax stay-at-home rules, citing signs that the coronavirus is plateauing in parts of the country.
“The battle continues, but the data suggests that nationwide, we have passed the peak on new cases,” Trump said Wednesday in a Rose Garden press conference. “These encouraging developments have put us in a very strong position to finalize guidelines for states on reopening the country, which we’ll be announcing — we’re going to be talking about that tomorrow.”
The coronavirus has infected nearly 620,000 people in the U.S., leaving more than 27,000 dead. Strict social-distancing practices have curbed the spread of the illness but have also crushed the economy, the central pillar of Trump’s re-election campaign.
The president has been anxious to end the guidelines and return the country to normal. Earlier Wednesday, Trump spoke with more than 200 leaders from nearly every corner of the U.S. economy in four calls to seek input on reopening the country.
27,051 in U.S.Most new cases today
-19% Change in MSCI World Index of global stocks since Wuhan lockdown, Jan. 23
-1.101 Change in U.S. treasury bond yield since Wuhan lockdown, Jan. 23