Economists bet on solid rebound after world recovers from Covid-19 crisis

The impact is more akin to a natural disaster like a hurricane, said economists at the New York Federal Reserve Bank

The global tally of coronavirus-infected patients has breached the 1.6-million mark, with Europe and the United States continuing to suffer the most. The global death toll has crossed 100,000 as well. 

While the number of infections is consistently growing around the world, the pandemic has hit like a worldwide hurricane, shutting activity in most economies simultaneously, but some forecasters are more optimistic than others about the prospects for a recovery once the worst is over.

The virus has forced economies worldwide to shut down, which in the United States caused 17 million workers to lose their jobs in