Yellen said that she was "heartened" by the number of workers in Friday's report who indicated they were out of work only temporarily, she said. In addition, she said that a "V-shaped" recovery is possible, but she's worried that the outcome will be worse.
"I would be in favor of asking banks to suspend dividends and stock buybacks," she said, adding that banks tend to be reluctant to stop both as they worry it will make them look as though they are vulnerable. Still, what's most important is that banks are "able to meet the credit needs of the economy," she said. Something is loading.
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Even in businesses, one would assume are stable like in the computer industry, people are panicking and some funding for contracts is falling through =(
who thought letting some white-haired troll lady run the economy was a good idea?
Thirty percent at least.
If Yellen has such a desire for us to get back to business, she should lead by example and start working at her local supermarket. I'm sure they're hiring.
TRUMP WARNS US IS GOING TO FACE A LOTS OF DEATHS I... Corona CoronavirusPandemic
wow that's your money wizard?
ozziesboys05