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Rising Covid Infections Suggests Steeper Recession Possible: Week Ahead

Consumers are shopping and denim is poised to be their go-to. Join Rivet tomorrow at 11 am ET for a roundtable with Diesel, Tenue de Nimes, Isko, NPD and Cotton Incorporated to discuss how denim can position for dominance in the new normal.

When the Federal Reserve’s Open Market Committee decided to keep benchmark short-term interest rates at near zero percent through 2022, it did so because it could take “some time” for payrolls to normalize for the 20 million workers displaced by the coronavirus. But now, a steady rise in the rate of infections could mean an…

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