Fed's Daly says there is little evidence additional jobless benefits are discouraging work

by Aurelia Butler 12 August 2020, 20:00 179 Views

The Fed official also said the economic recovery will be slow and gradual, depending on the virus, and that she is not expecting a V-shaped recovery.

Any policies that can encourage consumers to keep spending during the downturn will help the recovery, Daly said during a virtual event organized by the Economic Club of Las Vegas.

Source: Economy - investing.com

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Fed's Daly says there is little evidence additional jobless benefits are discouraging work

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