• Kansas City Fed President George sees risks building of double-dip recession - CNBC

Market news

26 August 2020

Kansas City Fed President George sees risks building of double-dip recession - CNBC

  • Says recession that began in February could revisit economy if coronavirus pandemic intensifies
  • Resurgence of Covid-19 is important risk to outlook
  • But baseline is “we’ll continue to build growth”
  • We’ll continue to monitor that carefully to see whether that [second leg of recession] plays out
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