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Fitch Doubts Europe, US Reopening Econ Too Soon; Hopes for Slight Global Recovery by 4Q
The rollback of anti-epidemic measures could lead to a new wave of infection based on China’s experience, said Cedric Chehab, Head of Country Risk and Global Strategy at Fitc...
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Fitch Doubts Europe, US Reopening Econ Too Soon; Hopes for Slight Global Recovery by 4Q
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2020/04/24 15:58
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The rollback of anti-epidemic measures could lead to a new wave of infection based on China’s experience, said Cedric Chehab, Head of Country Risk and Global Strategy at Fitch Solutions, in a CNBC interview.

He cast doubt on whether it would be too early for European countries and the U.S. to reopen their economies when thousands of cases were being reported every day.

A global economic recovery will depend on how quickly economic activities can be reactivated across countries, added Chehab, who hoped to see a bit of recovery by the fourth quarter.
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