Economists sharply cut forecasts for the U.S. economy this year, predicting it will contract in the second quarter and raising expectations for a recession as the coronavirus spread around the world.
Those economists, polled in this month’s Wall Street Journal survey, also expect additional interest-rate cuts by the Federal Reserve in the weeks and months ahead, amid market volatility and uncertainty surrounding the new coronavirus pandemic.
...2020-03-12 15:06:00Z
https://www.wsj.com/articles/wsj-survey-coronavirus-to-trigger-u-s-growth-contraction-in-second-quarter-11583958308
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