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

Geneva framework: Will Trade Deals Dodge Looming Tariff Storm?

The U.S. dollar surged on news of advancing trade talks, particularly with China. U.S. Commerce …