President Donald Trump said at a White House briefing he expects a sharp economic rebound later in the year due to what he said is “tremendous pent-up demand” combined with massive stimulus efforts.
Trump was asked by a reporter at an April 10 briefing of the White House COVID-19 task force what his top economic advisors thought of the new forecast by economists at JPMorgan, America’s biggest bank, that second-quarter output will nosedive by 40 percent.
