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

Barkin: Halting Gov’t Support Poses Real Risks

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%.

Check Also

ExxonMobil

Oil Giants ExxonMobil and Chevron Face Profit Plunge as Crude Prices Tank

Energy titans ExxonMobil and Chevron reported significant profit declines for the second quarter, driven by …