UPDATE 1-‘Persistent fragilities’ ahead for households and businesses -Fed report
The Federal Reserve expects household
finances and business balance sheets to suffer “persistent
fragilities” as a result of the shock to economic activity
arising from the coronavirus pandemic, the central bank said in
a report to Congress on Friday.
finances and business balance sheets to suffer “persistent
fragilities” as a result of the shock to economic activity
arising from the coronavirus pandemic, the central bank said in
a report to Congress on Friday.
Posted by Reuters
