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KM Financial Solutions | UPDATE 1-‘Persistent fragilities’ ahead for households and businesses -Fed report
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UPDATE 1-‘Persistent fragilities’ ahead for households and businesses -Fed report

11 Jun UPDATE 1-‘Persistent fragilities’ ahead for households and businesses -Fed report

Posted at 17:48h in News by
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The Federal Reserve expects household
finances and business balance sheets to suffer “persistent
fragilities” as a result of the shock to economic activity
arising from the coronavirus pandemic, the central bank said in
a report to Congress on Friday.

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