Former Fed chief Bernanke sees bad year, no quick recovery

April 7, 2020 by  
Filed under News

The U.S. economy could shrink 30% or more this quarter as stay-at-home orders aimed at slowing the coronavirus outbreak choke off business, and it could be a couple years before the economy regains its footing, former Federal Reserve Chair Ben Bernanke said on Tuesday.

Source: Reuters Business News

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