Macro Memo March 30 - April 3, 2020

Apr 01, 2020 | Brian Moore


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What's in this article: -COVID-19 summary -Labour market response -Depth of decline and duration of trough -Refining the rate of rebound -Monetary and fiscal response, and more

Macro Memo Mar. 30 - Apr. 3, 2020

We remain focused on COVID-19 in this week’s #MacroMemo. We discuss the latest figures, Italy’s stabilization and problems in the U.S. We also identify potential points of stress, estimate how high the unemployment rate could go, and further refine our economic scenarios.

 

Click here for the full report; RBC GAM MacroMemo.