The US economy is set for a deep slide in coming months with the coronavirus forcing businesses to shut and putting millions out of work. However, Federal Reserve policymakers are also warning of a sluggish recovery once the pandemic subsides.
"Because of the shock of this...
will consumer behavior just be more cautious?" Dallas Federal Reserve Bank President Robert Kaplan asked in a phone interview with Reuters on Wednesday.
"It's not just the safety concerns... it's also financial and potentially job insecurity.