It is too early to say what Omicron's consequences will be. But governments are acting fast this time because we all have learned the lesson. Better prevent now than lament later. I think the market action today indicates there was an overreaction on friday. We need to have more data. If Omicron situation keeps getting worse, even with countries acting fast in prevention, then I think central banks will probably make it a perfect excuse to delay the stimulus tightening and interest rise. In any case it is all good for crypto I think... It feels like central banks are losing control and more and more people are seeing it each day.
RE: As Covid strikes back, what will Governments and Central Banks do?