Speech
Economic Fragility: Implications for Recovery from the Pandemic
Abstract: Clearly a deadly pandemic was bound to badly impact the economy. However, I am sorry to say that the slow build-up of risk in the low-interest-rate environment that preceded the current recession likely will make the economic recovery from the pandemic more difficult.
Keywords: financial stability; risks; commercial real estate; economic recovery; COVID-19; public health; pandemic;
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Provider: Federal Reserve Bank of Boston
Part of Series: Speech
Publication Date: 2020-10-08