with Brent D. GriffithsThe Federal Reserve just tossed a glass of cold water in the face of anyone predicting a swift economic recovery. As business owners fumble forward, those trained to understand the nature of major economic shocks appear just as stumped about what's happening. Federal Reserve officials also have found plenty of supporting evidence,” Bloomberg's Matthew Boesler and Reade Pickert report. The exchange highlights the deep divide in how to respond to what is both a public health and financial crisis. Some say the economic damage is worse than the pandemic itself.”Video of the exchange:

Source: Washington Post May 28, 2020 11:15 UTC