An ag economist at Purdue University says the coronavirus pandemic sparked one of the sharpest economic contractions in history.

Jason Henderson, senior associate dean of the Purdue college of agriculture and director of Purdue Extension, says there are solid economic fundamentals to spur a recovery, but it won’t happen quickly.  

He says there are three policy areas to watch.

“You have to watch monetary policy, and this is really about interest rates and what’s going to happen going forward in terms of an interest rate policy,” he says.

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