Former Fed chief Bernanke sees bad year, no quick recovery

SAN FRANCISCO (Reuters) - The U.S. economy could shrink 30% or more this quarter as stay-at-home orders aimed at slowing the coronavirus outbreak choke off business, and it could be a couple years before the economy regains its footing, former Federal Reserve Chair Ben Bernanke said on Tuesday."Overall, it could be a very bad year for the economy," Bernanke said in a Brookings Institution online event, though he added that so far the fiscal and monetary policy responses have been pretty good,..