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Economy

mahatmakanejeeves

(69,380 posts)

3. WSJ Survey: Coronavirus to Trigger U.S. Economic Contraction in Second Quarter

Reply to mahatmakanejeeves (Original post)

Thu Mar 12, 2020, 11:39 AM

Mar 2020

ECONOMY

WSJ Survey: Coronavirus to Trigger U.S. Economic Contraction in Second Quarter

Economists polled by The Wall Street Journal see ‘significant drag’ on 2020 U.S. growth, greater chance for recession

By Harriet Torry and Anthony DeBarros
Updated March 12, 2020 10:06 am ET

Economists sharply cut forecasts for the U.S. economy this year, predicting it will contract in the second quarter and raising expectations for a recession as the coronavirus spread around the world.

Those economists, polled in this month’s Wall Street Journal survey, also expect additional interest-rate cuts by the Federal Reserve in the weeks and months ahead, amid market volatility and uncertainty surrounding the new coronavirus pandemic.

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The Wall Street Journal., Live Updates: The Virus and Business [View all] mahatmakanejeeves Mar 2020 OP

This is cool. No paywall? Mike 03 Mar 2020 #1

I don't know. You can at least scan the headlines as they appear. mahatmakanejeeves Mar 2020 #2

WSJ Survey: Coronavirus to Trigger U.S. Economic Contraction in Second Quarter mahatmakanejeeves Mar 2020 #3