• UK's Chancellor Sunak: UK is facing a recession "likes of which we haven't seen"

Notícias do Mercado

19 maio 2020

UK's Chancellor Sunak: UK is facing a recession "likes of which we haven't seen"

  • Expects virus impact on labor market to be "severe"
  • Official forecasts point to double-digit jobless rate
  • Jury is out on what economy will look like after crisis
  • The longer the recession, the greater the likely scarring

Fed's chairman Powell: We are continuing to look at ways to accommodate additional borrowers
ECB's chief economist Lane: We are fully prepared to further adjust our instruments if warranted
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