Economic Fragility: Implications for Recovery from the Pandemic

Eric Rosengren (e.rosengren@comcast.net)

Speech from Federal Reserve Bank of Boston

Abstract: Clearly a deadly pandemic was bound to badly impact the economy. However, I am sorry to say that the slow build-up of risk in the low-interest-rate environment that preceded the current recession likely will make the economic recovery from the pandemic more difficult.

Keywords: financial stability; risks; commercial real estate; economic recovery; COVID-19; public health; pandemic (search for similar items in EconPapers)
Pages: 15
Date: 2020-10-08
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Working Paper: Economic Fragility: Implications for Recovery from the Pandemic (2020)
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