Business & Tech

NJBiz: PNC Economist Believes Stimulus Will Stabilize the Economy

NJBiz: PNC Economist Believes Stimulus Will Stabilize the Economy

PNC Bank's chief economist expressed support for the federal stimulus package and other federal measures during a visit to the Millburn branch, a report from NJBiz states.

Stuart Hoffman said the Congressional plan and the financial industry recovery plan are essential weapons against a global recession that may get worse before it gets better, according to the report.

Read the full report: PNC economist sees stimulus stabilizing the economy

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