三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Americas

Inconsistent efforts by US states to contain pandemic will likely prolong recession: Fed official

Xinhua | Updated: 2020-08-13 09:05
Share
Share - WeChat
A healthcare worker hands a test kit to a motorist at a drive-in coronavirus (COVID-19) testing center at M.T.O. Shahmaghsoudi School of Islamic Sufism on August 11, 2020 in Los Angeles, California. [Photo/Agencies]

WASHINGTON - Limited or inconsistent efforts by US states to contain the COVID-19 pandemic will likely prolong the economic recession, a senior US Fed official said on Wednesday.

"While the fiscal and monetary stimulus has been significant, it cannot fully offset the economic drain caused by the public health crisis," Eric Rosengren, president of the Federal Reserve Bank of Boston, said in remarks prepared for an online presentation to the South Shore Chamber of Commerce in Massachusetts.

"Limited or inconsistent efforts by states to control the virus based on public health guidance are not only placing citizens at unnecessary risk of severe illness and possible death - but are also likely to prolong the economic downturn," he said.

The US economy contracted at an annual rate of 32.9 percent in the second quarter of the year, the steepest decline since the government began keeping records in 1947, according to the Commerce Department.

While US states that re-opened early and quickly lifted restrictions saw a short-term increase in economic activity, it came at a cost with rising rates of infections, which resulted in less spending more recently, Rosengren noted.

"In short, lifting restrictions too early and too quickly hurt both the economy and public health down the road," he said, adding states should be carefully calibrating their actions to data going forward, especially when schools open in the fall and more activities move inside as the seasons change.

"Failure to take quick actions to suppress the virus could result in more severe economic outcomes as well as the unnecessary loss of life," said the Fed official.

Rosengren stressed that the trajectory of the economic recovery will be determined more by the path of the virus than by the path of policymaking, and the recent slowdown in economic activity is likely to continue due to resurgences of the virus.

"As long as the virus poses significant threats to public health, a full economic recovery will be very difficult as individuals, often voluntarily, avoid activities that place their health at risk," he said.

The number of COVID-19 cases in the United States topped 5.16 million as of Wednesday afternoon with more than 165,000 deaths, according to a tally by Johns Hopkins University.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 99视频精品全部免费免费观 | 91无套极品外围在线播放 | 国产97色在线 | 亚洲 | 久久午夜精品 | 亚洲三级影视 | 日韩精品免费视频 | 欧美三片 | 国产一区二区免费在线观看 | 日韩毛片免费视频一级特黄 | 婷婷免费在线 | 成人无高清96免费 | 欧美日韩视频精品一区二区 | 国产精品美女免费视频观看 | 国产稀缺精品盗摄盗拍 | 日韩高清在线 | 久久久亚洲欧洲日产国码二区 | 国产亚洲一区二区三区不卡 | 全免费a级毛片免费看不卡 全免费a级毛片免费看视频免 | 精品无人区一区二区三区a 精品无码一区在线观看 | 成年人网址在线观看 | 日本中文字幕不卡免费视频 | 国产免费播放一区二区 | 欧美不卡一区二区三区 | 中文黄色 | 色狠狠一区二区三区香蕉蜜桃 | 亚洲第一网站 | 91青青在线视频 | 精品一久久香蕉国产线看观 | 伊人久久国产精品 | 麻豆网站| 女人洗澡一级毛片一级毛片 | 350gao免费永久视频 | 国产剧情麻豆精品免费 | 国产精品乱码免费一区二区 | 永久免费观看视频 | 91久久国产青草亚洲 | 国产综合图片 | 可以免费观看一级毛片黄a 可以免费观看欧美一级毛片 | 轻轻碰在线视频免费视频 | 中文字幕亚洲精品日韩精品 | 美日韩精品 |