On Wednesday, April 22, Sandra Phlippen, Chief Economist at ABN AMRO, shared her vision on ‘The Economic Impact of COVID-19,’ during a webinar for AmCham Members.
As we are moving into the next stage of the COVID-19 crisis, the concerns about the economic impact grow. Sandra Phlippen presented a number of scenarios for the economic impact in the Netherlands, the U.S. and the Eurozone. In all scenarios the impact will be substantial. During the webinar, Sandra Phlippen also spoke on the effects of fiscal stimulus and issuance, debt scenarios and policy options for Italy, the ECB's interventions and yield curve/spread control, the focus of the FED and financial conditions in the U.S. Ms. Phlippen highlighted the importantace of adhering to the social distancing guidelines as to prevent going into a continued lockdown which would be devastating for the economy.
AmCham The Netherlands cordially thanks Sandra Philippen for sharing these valuable insights.
