Fed sees ‘persistent fragilities’ for households and businesses – Fed report
The Federal Reserve expects U.S.
household finances and business balance sheets to grapple with
“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.
household finances and business balance sheets to grapple with
“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
