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

Wall Street Pauses Ahead of Jackson Hole Symposium

After a record-breaking rally, the Dow Jones Industrial Average (DJIA) is taking a moment to …