Home / Market Update / Barkin: No Stimulus Package Could Spur Recession

Barkin: No Stimulus Package Could Spur Recession

President of the Federal Reserve Bank of Richmond, Thomas Barkin, said that if the U.S. Congress failed to reach an agreement on a second economic stimulus package there could be a risk of a recession of historic proportions.

Check Also

European Stocks Rise as Investors Eye Inflation Data, French Politics in Focus

European shares advanced on Wednesday, tracking Wall Street’s overnight strength, as traders shifted focus toward …