Fed’s James Bullard says after a short-term ‘unparalleled’ shock, economy will boom again

by Raphael Stevens 25 March 2020, 11:52 179 Views

The central bank official was in the news earlier this week when he forecast that the unemployment rate will skyrocket to 30%, higher than it was even during the Great Depression.

Source: Finance - cnbc.com

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Fed’s James Bullard says after a short-term ‘unparalleled’ shock, economy will boom again

Trump businesses barred from getting coronavirus stimulus money, Schumer says

Nine European countries say it is time for 'corona bonds' as virus death toll rises

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