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04.13.20

Fed Policy and US Policy Responses

By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group

US Policy Responses to Labor Market Distress
  • High unemployment can draw comparison to Great Depression.
  • But swift policy initiatives now contrast with initial hesitation in 1930s.
  • New fiscal spending may focus on getting people back to work.
  • Even with massive policy support, rebuilding could be gradual.

Read the article here


The information contained herein is from sources believed to be reliable, but we can not guarantee either its accuracy or completeness. The information is provided for informational purposes only. Nothing contained herein shall be construed as a recommendation to buy or sell commodity futures or options on futures.

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