St. Louis Federal Reserve Says 30% Unemployment Possible

The President of the St. Louis Federal Reserve says that the US unemployment rate could reach 30%.

That would be higher than the financial crisis, the dot com bubble or…even the Great Depression. The article below below summarizes comment made by James Bullard, a professional economist who heads the St. Louis Fed, in a recent interview. In it, he predicts a much worse economy than anyone has yet predicted.

https://www.marketwatch.com/story/unemployment-could-reach-30-in-the-us-says-st-louis-feds-bullard-2020-03-22

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