Recovery will be shaped like a tick: Fed’s Fisher
Richard Fisher, the president of the Dallas Federal Reserve, said that the economic recovery would not be ‘V-shaped' as the consensus view suggests.
He argued on Tuesday instead that the recovery would be shaped "more akin to a check mark, where the elongated arm of that check mark inclines at a slope that is less than desirable and might possibly be repressed by an occasional pause or several quarters of weak growth."
Explaining this, he noted that the economy would not experience the strong
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