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Bankers Expect Recession to Last into 2021
American Banker, May 18, 2020–Jon Prior (subscription)
Even as states begin to lift stay-at-home orders in hopes of jump-starting their sagging economies, many banking executives are bracing for a prolonged slowdown that could last at least into the first quarter of next year.
https://www.americanbanker.com/news/bankers-expect-recession-to-last-into-2021