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

Barkin: No Stimulus Package Could Spur Recession

M. Ali 12 August, 2020 1:52 am Market Update

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.

Tags

Check Also

Oil Surge and Weak U.S. Jobs Data Push Canadian Dollar Higher

The Canadian Dollar strengthened against the U.S. Dollar on Friday as disappointing U.S. employment data …

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