U.S. Recession Still a Risk But the Central Bank’s Moves Deserve Applause, Says former Fed Official
Posted March 16, 2020
External Article: CNBC
Dennis Lockhart, former Atlanta Federal Reserve president and now distinguished professor in the Georgia Tech Sam Nunn School of International Affairs, was interviewed by CNBC.
Excerpt:
“I think recessionary conditions are definitely a risk and we’re dealing with so much uncertainty now on how this virus situation unfolds and what the economic impact turns out to be, nobody really knows,” Dennis Lockhart, Atlanta Fed president from 2007 to 2017, told CNBC’s Squawk Box Asia on Monday.
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