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Covid-19 woes: With businesses shut, Fed policymakers see slow US recovery

Richmond Federal Reserve Bank President Thomas Barkin said success of any recovery would hinge on consumers being reassured by businesses, particularly in the service sector, that they will be safe

Topics
Coronavirus | US Federal Reserve | USA

Reuters 



US federal reserve

The US is set for a deep slide in coming months with the forcing businesses to shut and putting millions out of work. However, Federal Reserve policymakers are also warning of a sluggish recovery once the pandemic subsides.

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First Published: Thu, April 09 2020. 08:59 IST

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