UPDATE 4-U.S. officials talk down coronavirus market panic, tout economic strength
Senior officials in
President Donald Trump’s administration on Sunday tried to calm
market panic that the coronavirus could cause a global
recession, saying the U.S. public had over-reacted and that
stocks would rebound due to the American economy’s underlying
strength.
President Donald Trump’s administration on Sunday tried to calm
market panic that the coronavirus could cause a global
recession, saying the U.S. public had over-reacted and that
stocks would rebound due to the American economy’s underlying
strength.
Posted by Reuters
