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Richmond Fed Pres Barkin makes comments in a....>

FED
FED: Richmond Fed Pres Barkin makes comments in a blog post (link below) titled
"The Path to Full Recovery": largely repeating comments from Friday. Focus is on
"how much damage has been done and how to minimize the longer-term impact",
largely through longer- term weakness in labor force AND productivity growth
(i.e. the two inputs that make up GDP) as a result of the COVID-19 crisis.
- Solutions may include retraining, implementing "safe, reliable and affordable
modifications" to working practices, and policymakers incentivizing business
investment in new productivity measures. 
- Link below:
https://www.richmondfed.org/press_room/speeches/thomas_i_barkin/2020/barkin_2020
0504

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