Uncertainty will exacerbate economic impact of virus: Fed paper
The spike in uncertainty that has
accompanied the spread of the coronavirus and efforts to contain
it will likely contribute to a surge in U.S. unemployment and a
decline in inflation, researchers at the San Francisco Federal
Reserve said on Monday.
accompanied the spread of the coronavirus and efforts to contain
it will likely contribute to a surge in U.S. unemployment and a
decline in inflation, researchers at the San Francisco Federal
Reserve said on Monday.
Posted by Reuters
