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Risk of long-term hit to spending from COVID-19 - BoE's Haldane

FILE PHOTO: The Chief Economist of the Bank of England, Andy Haldane, listens from the audience
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LONDON (Reuters) - Bank of England Chief Economist Andy Haldane said on Monday there was a risk that the coronavirus pandemic would cause companies and households to rein in their spending over a long period of time.Haldane, speaking on a Royal Economic Society webcast, also said there had been fewer signs of a stabilisation in labour market metrics than in some measures of spending in recent..
Date Published: May 11, 2020
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