COVID-19 has created a global economic tsunami that is now hitting the United States and Europe with full force. Travel, tourism, and international trade have been severely disrupted, and businesses across many industries are shutting down. Central banks are responding by slashing interest rates and providing liquidity to their financial systems, and governments are ramping up spending and cutting taxes. But it is too late, a global recession has begun. In this webinar Mark Zandi and the Moody’s Analytics team provide an economic update on the situation and discuss the changes to our U.S. and global economic outlook.
Questions? Email: MA-Webinars@moodys.com