A Message from President Tom Barkin

Tom Barkin

Speech from Federal Reserve Bank of Richmond

Abstract: The COVID-19 pandemic has profoundly affected people across the United States and around the world. We have read or watched the news in shock as this virus became a worldwide health crisis significantly changing our daily lives. As a former consultant, I know firsthand the effect this will have on industries and supply chains, but as a Fed president I have also learned about those who live and work on the edge. Individuals, small businesses and whole communities that depend on a healthy economy to put food on their tables, pay their bills and sustain their businesses will be faced with real hardships. I have been speaking to many contacts in our District and the fears are real.

Keywords: economic; inequality; and; poverty (search for similar items in EconPapers)
Date: 2020-03-27
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Persistent link: https://EconPapers.repec.org/RePEc:fip:r00034:101330

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