Richmond Fed Barkin speaking to North Carolina chamber of commerce in a Zoom meeting
Meanwhile Fed's Barkin is also speaking to North Carolina chamber and says:
- Health, fiscal policy taking lead in crisis
- Midteens unemployment is possible
- Reopening cannot wait for a 0 infection rate
- Restoration of consumer confidence the most difficult challenge to economic recovery
- Post crisis recovery may require redeployment of workers from restaurant service jobs to occupations like home healthcare
