Fed Mester: Reopen very carefully, no one wants to go backwards

<p>Cleveland Fed President Loretta Mester said “the economic data is very ugly reflecting the shutdown in the activity, furloughs and layoffs,” due to coronavirus pandemic. “Fed is working to help markets function and support businesses so they can be ready when economy reopen”, She said. “It will take some time for the economy to pick back up and […]</p>
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