Chris Liddell in the US

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Post-covid economic bounceback keeps looking stronger: Treasury

Rebecca Howard
Wed, 16 Dec 2020

Rebecca Howard
Wed, 16 Dec 2020
Far fewer people are seen losing their jobs and the economy will bounce back sooner than expected from the ravages of covid-19, according to the latest forecasts from Treasury.  Not only that, but the picture might be even better.“There are material upside risks to the near-term GDP and employment forecasts,” said Caralee McLiesh, secretary to the Treasury.“Indicators of economic activity have continued to surprise on the upside since the economic forecasts in this half-year fiscal update were finalised,” she said,...

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