in

Fed's Mester says policymakers want to prevent 'lasting damage' to the economy

“What public policy needs to do, and this includes the Fed, is to help ensure that the shutdown in activity that is being felt doesn’t cause lasting damage to the economy,” Mester said during a virtual forum organized by the City Club of Cleveland. “And to make sure that we give aid and relief to the employees and workers and the businesses that are bearing the brunt of that shutdown.”


Source: Economy - investing.com

WHO sees 'welcome slowing' of coronavirus cases in hardest-hit countries, warns against lifting restrictions too soon

Global Trade Sputters, Leaving Too Much Here, Too Little There