08-07-2020 21:49 via uk.finance.yahoo.com

Fed officials suggest U.S. recovery may be stalling

In separate appearances, Atlanta Fed President Raphael Bostic and Richmond Fed President Thomas Barkin noted what Barkin characterized as "air pockets" facing the U.S. economy - businesses exhausting existing order books without refilling them, and households facing the end of unemployment benefits and other support."Businesses like construction had pretty good pipelines and kept going," through the first phase of the pandemic Barkin said in webcast remarks to a group of local chambers of commer
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