The U.S. economy still appears headed for a"V"-shaped recovery despite some setbacks in efforts to reopen state economies that had been shuttered for the coronavirus, a top White House adviser said on Monday.
FILE PHOTO: White House National Economic Council Director Larry Kudlow speaks in the Roosevelt Room at the White House in Washington, U.S., April 7, 2020. REUTERS/Kevin LamarqueWASHINGTON: The U.S. economy still appears headed for a"V"-shaped recovery despite some setbacks in efforts to reopen state economies that had been shuttered for the coronavirus, a top White House adviser said on Monday.
"At the moment, the story looks very good. We're set for a V-shaped recovery," National Economic Council Director Larry Kudlow told CNBC."Might it change? Yes, it might and we'll be looking very, very carefully at this."
Source: Financial Digest (financialdigest.net)
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