White House economic advisor Kudlow does not believe that economic contraction has fully run its course

Notícias do Mercado

8 maio 2020

White House economic advisor Kudlow does not believe that economic contraction has fully run its course

U.S. jobs report full of heartbreak, hardships
Reopening phase will be intimate, spill into June
Jobs numbers will continue to deteriorate
Appropriate policies can make roaring economy in 2021
Will see positive numbers and second half of year
Having meetings with lawmakers of both parties
President Trump weighing making business expenditures to make changes for coronavirus safety tax deductible
3/4 of today's numbers are temporary layoffs.
President Trump will meet with congressional Republicans to discuss stimulus measures today
He wants an infrastructure and broadband expansion package

U.S. wholesale inventories decrease less than initially estimated in March

U.S.: Wholesale Inventories, March -0.8% (forecast -1%)

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