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Kaplan: still my view that the economy will grow at a healthy rate in Q3 and Q4
(VOTER) FED'S KAPLAN: IT'S STILL MY VIEW THAT THE US ECONOMY WILL GROW AT A HEALTHY RATE IN Q3 AND Q4 BUT REBOUND WON'T BE AS PRONOUNCED BECAUSE OF THE RESURGENCE OF THE VIRUS.
— Breaking Market News (@financialjuice) August 6, 2020
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Fed's Kaplan Q&A: current economic crisis different from all others, with so many people out of work, staying home. Started to recover in May, June, and then with resurgence of virus, recovery began to slow, high-freq. data show. @DallasFed #federalreserve #covid19 @anthonymace
— Mace News (@MaceNewsMacro) August 6, 2020
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(VOTER) FED'S KAPLAN: IF WE ALL WEAR MASKS WE CAN MANAGE INFECTIONS WITHOUT LOCKING DOWN EXCEPT IN CERTAIN CASES.
— Breaking Market News (@financialjuice) August 6, 2020
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Fed's Kaplan: some reopening phased back, with restaurants, bars closed. More businesses requiring masks, more careful. That helps mute impact of virus uptick, so recovery continuing, but slower. "We can manage this through following health protocols." @DallasFed #FederalReserve
— Mace News (@MaceNewsMacro) August 6, 2020
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(VOTER) FED'S KAPLAN: MONETARY POLICY AND FISCAL POLICY ARE ONLY A BRIDGE TO MANAGING THE HEALTH CARE CRISIS.
— Breaking Market News (@financialjuice) August 6, 2020