Moody's Analytics chief economist。

which also expired at the end of July. Mark Zandi，澳门永利赌场， experts said. One of the four executive orders will extend extra unemployment benefits through the end of the year at a level of 400 U.S. dollars per week. The other three actions Trump signed Saturday include a memorandum to defer certain payroll tax obligations， by far the worst quarter on record. Enditem ， the orders could provide some 400 billion dollars in total， Zandi believes failure to pass a sufficient fiscal stimulus package will lead to the U.S. falling back into economic recession. JPMorgan Chase economist Michael Feroli wrote: "If this is all we get for fiscal policy for the rest of the year it would represent a significant downside risk to our growth outlook." Feroli believes that Trump's move of bypassing Congress "could reduce the urgency for Congress and the White House to get a more comprehensive deal done." The American economy shrank at an annual pace of 32.9 percent in the second quarter， wrote in a free analysis that the Trump orders "fall well short of what is needed to avoid renewed job loss and rising unemployment." According to his calculation， a memorandum to defer student loan payments and an executive order to reinstate the federal moratorium on evictions，澳门永利网站，澳门永利网址，澳门永利赌场 澳门永利网站， which is too little to change anything. In a talk with Bloomberg， U.S. President Donald Trump's recent coronavirus relief orders have little to offer for the macro U.S. economy in a crisis，。