UPDATE 1-Fed’s Rosengren says U.S. unemployment rate could remain at double-digit levels by end of year
U.S. businesses will face weak demand as
long as consumers and workers are worried about public health,
and the unemployment rate is likely to still be in the double
digits at the end of the year, Boston Federal Reserve Bank
President Eric Rosengren said Tuesday.
long as consumers and workers are worried about public health,
and the unemployment rate is likely to still be in the double
digits at the end of the year, Boston Federal Reserve Bank
President Eric Rosengren said Tuesday.
Posted by Reuters
