Open Demo Account
Home / Market Update / Forex Market / Barkin: Halting Gov’t Support Poses Real Risks

Barkin: Halting Gov’t Support Poses Real Risks

M. Ali 8 July, 2020 12:25 am Forex Market, Market Update

The President of the Richmond Federal Reserve, Thomas Barkin, said on Tuesday that the US economy faces some very real risks if support to businesses does not continue.

Barkin believes the Fed should do more given the current high unemployment rate at 11%.

Tags

Check Also

Yen Soars as Powell’s Remarks Spur Rate Cut Bets

The Japanese yen advanced sharply against the US dollar on Friday, as Federal Reserve Chair …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends