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Wednesday, June 17, 2020

Federal Reserve expects a long road to economic recovery

The Federal Reserve says it does not expect unemployment to reach pre-coronavirus lows until 2022 at the earliest. The Central Bank is predicting a 9.3% unemployment rate at year's end and a 6.5% unemployment rate at the end of 2021. The Washington Post's economic correspondent Heather Long joined CBSN to discuss the Fed's expectations.

from Home - CBSNews.com https://ift.tt/2UG5PpC

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