Fed's Mester says ending stimulus talks will mean ‘much slower’ recovery - CNBC
Reuters
Published Oct 06, 2020 05:37PM ET
(Reuters) - U.S. President Donald Trump's announcement that no further stimulus talks will happen until after the November election will mean a "much slower" recovery for the U.S. economy from the coronavirus crisis, Cleveland Federal Reserve Bank President Loretta Mester told CNBC in an interview https://cnb.cx/33DIv0F.
"Certainly, you know, the recovery will continue without it, I think, but it's going to be a much slower recovery and it's disappointing that we didn't get a package done," Mester said in the interview.
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Written By: Reuters
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