Federal Reserve Bank official: US GDP could shrink 5% Hello friend AMERICAN WORKERS LOOKING FOR JOBS, In the article you read this time with the title Federal Reserve Bank official: US GDP could shrink 5%, we have prepared this article well for you to read and take information in it. hopefully the contents of the post Article bank, Article contracting, Article health, Article lecturer, Article manufacturing, Article marketing, Article property, Article public, Article teachers, Article telecommunications,what we write can you understand. okay, happy reading.

Judul : Federal Reserve Bank official: US GDP could shrink 5%
link : Federal Reserve Bank official: US GDP could shrink 5%

Federal Reserve Bank official: US GDP could shrink 5%

Well, this is bad:

Federal Reserve Bank of Philadelphia President Patrick Harker told Yahoo Finance on Friday that the U.S. economy should brace for “very bad” data in coming quarters, predicting a sharp contraction in U.S. GDP for 2020 amid the COVID-19 lockdown. 

In an interview with Yahoo Finance, Harker said his economic forecast can change depending on how quickly medical sciences can come up with ways to address the coronavirus. 

“If that happens sooner, the damage is less, but right now we’re looking at year-over-year, probably around 5% hit on GDP,” he said...

Well, here's hoping he's wrong (I'm not holding my breath.) 

Such is the article Federal Reserve Bank official: US GDP could shrink 5%

That's an article Federal Reserve Bank official: US GDP could shrink 5% this time, hopefully it can benefit you all. well, see you in other article postings.

You are now reading the article Federal Reserve Bank official: US GDP could shrink 5% with the link address https://americanworkerslooking.blogspot.com/2020/04/federal-reserve-bank-official-us-gdp.html

Tweet

Subscribe to receive free email updates: