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Paradox of Virus Fight Feeds U S Recession Risk
The coronavirus crisis triggers layoffs and stresses the financial system as lockdowns deepen. Economists expect a sharp first quarter contraction and a rebound later, while policymakers rush to aid households, lenders, and businesses amid tumbling markets and uncertain health outcomes.
MENTIONED IN THIS ARTICLE
Washington
U.S
Gregory Dace
Oxford Economics
Federal Reserve
Congress
Trump Administration
Dace
United States
U.n.’S International Labor Organization
Michael Hicks
Ball State University
Center For Business and Economic Research
Robin Brooks
The
Institute of International Finance
Association of Financial Companies
Brooks
Mark Zandi
Moody's Analytics
Fed
Trump
Zandi