Fed's Vice Chairman Clarida: It could take until end of 2021 before the economy fully recovers - CNBC

Market news

5 August 2020

Fed's Vice Chairman Clarida: It could take until end of 2021 before the economy fully recovers - CNBC

There will be a rebound in economic activity in Q3
Expects the recovery to continue through the second half of the year
The Fed is doing everything it can to support a robust recovery
The longer the duration of pandemic, the more damage there is to economy

S&P 500 to challenge key resistance at 3328/38, VIX returns to normal levels - Credit Suisse

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