Hi, I'm Danframack, and welcome to Axios Recap. Today's Tuesday, April 13th.

U.S. inflation is up, the SPAC surge is down, and we're focused on America's decision to suspend the use of J&J's coronavirus vaccine.

Earlier this morning, the FDA and CDC recommended an immediate halt to the use of Johnson

and Johnson's COVID-19 vaccine, which has gone to nearly seven million Americans already

due to six women developing a rare blood clotting disorder within two weeks of being jabbed.

The warning was almost immediately heated by state regulators and executives at pharmacy chains like CVS and Walgreens,

with social media filling up with frustrated tales of canceled appointments. Here's what we know. First,

the six women were young, between the ages of 18 and 48. At least one of them in Nebraska

has died. Health officials didn't disclose any health links between the women, such as pre-existing

conditions or medications. Two, to reemphasize, so far we only know of six cases, which literally

works out to less than one in a million. So if you got the

J&J vaccine, don't panic. But do call your doctor if you begin experiencing severe headaches,

leg or abdominal pain, or shortness of breath. Three, today's news will slow down America's

vaccination process, with the severity of that slowdown based on how long

J&J doses remain offline. That'll be particularly true for harder to reach populations for whom

J&J's one-shot vaccine was viewed as more practical than the two dosers from Moderna and Pfizer.

And it is also likely to have a greater impact on slowing down the rollout in places like Europe.

Four, today's news does not impact the Modera of Pfizer shots, which to date have represented

the vast majority of U.S. vaccinations. Moreover, the U.S. government has contracted to buy enough

Mederana and Pfizer doses to vaccinate all U.S. adults eventually.

Now, here are the things we don't know. First, how long the J&J pause will last?

Public health officials today say they expect it to be only a few days, but gave no real

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