Fed’s Harker sees second U.S. recession in 2021 if too quick to reopen
The U.S. economy, already
headed for a “brutally painful” second quarter but likely a
return to growth in the second half of the year, could dive
right back into recession next year if businesses reopen without
proper measures to stop a resurgence of the coronavirus, a U.S.
central banker said on Thursday.
headed for a “brutally painful” second quarter but likely a
return to growth in the second half of the year, could dive
right back into recession next year if businesses reopen without
proper measures to stop a resurgence of the coronavirus, a U.S.
central banker said on Thursday.
Posted by Reuters





