Article 53NVN US economy risks 'permanent damage' from long lockdowns, Mnuchin warns

US economy risks 'permanent damage' from long lockdowns, Mnuchin warns

by
Dominic Rushe
from Economics | The Guardian on (#53NVN)
  • I think the jobs numbers will be worse before they get better'
  • Treasury secretary and Fed chair say more stimulus is needed

The US economy risks permanent damage" if coronavirus lockdowns continue for months, the treasury secretary, Steven Mnuchin, has warned Congress.

Related: Coronavirus US live: Mike Pence says he is not taking hydroxychloroquine

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