Economics

Economists Rush to Quantify Recession With Wildly Varying Forecasts

  • Darker scenarios abound but uncertainty running high
  • Power to limit fallout lies with health and fiscal authorities
Minerd Sees 10%-20% Chance of Virus Outbreak Causing a Global Depression
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President Donald Trump now sees the risk of a U.S. recession due to the coronavirus, warning on Monday “this is a bad one.”