Fed's Bostic: A number of the job losses going to be temporary

Author: Greg Michalowski | Category: Central Banks

Fed's Bostic speaking an virtual talk on the economy

Fed's Bostic is continuing his near daily virtual talks on the economy. His comments are not much different than previous ones. Nevertheless worth reporting:
  • The 2nd quarter is going to be tough
  • A number of the job losses going to be temporary
  • Ability of economy to rebuild will hinge on confidence
  • Must be thoughtful of how we reopen the US economy
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