Fed To Offer Huge Credit Help To Stem Economic Losses
PYMNTS
MARCH 23, 2020
The recession talk is getting worse, including the St. Louis Fed president (on Sunday) saying unemployment could be 30%. In the case of a county or city that’s dependent on sales tax, well, you just shut everything down … Unlike Uncle Sam, they can’t deficit spend,” he said. A lot of companies are cutting estimates this morning.
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