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Economic Fragility: Implications for Recovery from the Pandemic

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  • Eric Rosengren

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.

Suggested Citation

  • Eric Rosengren, 2020. "Economic Fragility: Implications for Recovery from the Pandemic," Speech 88886, Federal Reserve Bank of Boston.
    • Handle: RePEc:fip:fedbsp:88886
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    Keywords

    financial stability; risks; commercial real estate; economic recovery; COVID-19; public health; pandemic;
    All these keywords.

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