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Bullard: U.S. faces new problems if pandemic, shutdown, persist to 2nd half of year

“Shutdown is not a one size fits all policy,” Bullard said in a conference call with journalists. “If the weakness persists in the second half of the year, I think we will have new issues arising if we cannot bring the pandemic under control,” with the risk rising of businesses failing and non-profits being forced to close.

UK government mulls emergency scheme to aid SMEs – Sky News

Fed's Clarida says U.S. unemployment could surge to worst level in decades