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Jerome Powell: ‘We may well be in a recession’

https://www.politico.com/news/2020/03/26/jerome-powell-we-may-well-be-in-a-recession-150036

"He said he expected economic activity to “decline probably substantially” from April to June.

Federal Reserve Chair Jerome Powell today acknowledged that the U.S. economy might already be in a recession because of measures taken to stop the spread of the coronavirus but said the pandemic must be contained before the economy can recover."

The order of things: Lives first, Money and businesses next.

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Re: Jerome Powell: ‘We may well be in a recession’


@ECEPROF wrote:

https://www.politico.com/news/2020/03/26/jerome-powell-we-may-well-be-in-a-recession-150036

"He said he expected economic activity to “decline probably substantially” from April to June.

Federal Reserve Chair Jerome Powell today acknowledged that the U.S. economy might already be in a recession because of measures taken to stop the spread of the coronavirus but said the pandemic must be contained before the economy can recover."

The order of things: Lives first, Money and businesses next.


“You don’t need a weatherman to know which way the wind blows”-Bob Dylan, Nobel Laureate 

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