Cleveland Fed president Mester: It will take some time for the economy to pick back up

Market news

17 April 2020

Cleveland Fed president Mester: It will take some time for the economy to pick back up

Economic data is very ugly reflecting shutdown in activity, furloughs and layoffs
Fed is working to help markets function and support businesses so they can be ready when economy reopens
Fed is trying to limit the economic damage
Getting back to work has to be done very carefully

St. Louis Fed president Bullard sees main impact of virus hitting U.S. in Q2

China: First annual contraction in decades – ABN Amro

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