Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’
PYMNTS
APRIL 1, 2020
Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic impacts, the U.S. He added that worker furloughs have also already begun, “particularly in the hotel, retail, travel and restaurant industries.
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