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07 May. 2020 | Comments (0)
Faced with a public health and economic crisis unlike any in living memory, Congress has enacted trillions of dollars of relief while the Federal Reserve is carrying out unprecedented market interventions. How successful have those efforts been and what more will need to be done in order to minimize harm? How should policymakers proceed given the uncertainties they face? Claudia Sahm, director of macroeconomic policy at the Washington Center for Equitable Growth, joins to discuss the Federal policy response to the COVID-19 pandemic to-date, the challenges of economic forecasting in the midst of a public health emergency, lessons learned from the Great Recession, and whether this time is different.