UPDATE 1-NY Fed’s Williams says full economic consequences of coronavirus still unknown
The Federal Reserve launched an
unprecedented response to smooth out market disruptions caused
by the coronavirus outbreak, but the full scale of the virus’
toll on the economy is still unknown and it may take a few years
before the U.S. economy fully recovers, New York Federal Reserve
Bank President John Williams said Thursday.
unprecedented response to smooth out market disruptions caused
by the coronavirus outbreak, but the full scale of the virus’
toll on the economy is still unknown and it may take a few years
before the U.S. economy fully recovers, New York Federal Reserve
Bank President John Williams said Thursday.
Posted by Reuters
