Fed Daly doesn’t expect a sharp V-shaped recovery after coronavirus pandemic

<p>San Francisco Fed President Mary Daly told WSJ that “I don’t expect a sharp V-shaped recovery” in the US economy after the coronavirus pandemic. Instead, she said “I expect something more like negative quarters of growth throughout 2020, and then a gradual return to positive growth in 2021.” Daly remains “optimistic” that Fed can achieve […]</p>
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