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The Fed Ramal Economic Recovery Due to Corona Will be Long and Difficult

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Berita Terkini
The Fed Ramal Economic Recovery Due to Corona Will be Long and Difficult

Monitor Data and the latest Information Covid-19 Indonesia on the microsite Katadata this. The central Bank of the United States, The Federal Reserve disburse the stimulus reached more than US$ 2 trillion in order to reduce the impact of the pandemic corona on the economy. Nevertheless, the economic recovery caused by a virus and is expected to be time consuming and difficult.

the Governor of the Central Bank of the Minneapolis Neel Kashkari called pandemic corona will be a long and difficult to pass through until found the right therapy and a vaccine against the plague. "It's hard to see the economic recovery will be shaped in a curve V, in accordance with the scenario," said Kashkari quoted from CBS, Tuesday (13/4).

He called Fed Governor Jerome Powell has been taking aggressive steps to hold back the economic damage caused by pandemic corona. The Fed learn from the experience of the 2008 financial crisis and sought to save the economy with action as aggressive as possible, things that according to him, properly done in the current conditions.

this Article has been published in Katadata.co.id with the title "The Fed Ramal Economic Recovery Due to Corona Will be Long and Difficult" , https://katadata.co.id/berita/2020/04/13/the-fed-ramal-pemulihan-ekonomi-akibat-corona-bakal-lama-dan-sulit
Author: Agustiyanti
Editor: Agustiyanti

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