06.08.20

Fed Policy and US Policy Responses

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

 US Policy Responses to Labor Market Distress  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

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