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Fed's Kaplan says more fiscal stimulus will be necessary
FED'S KAPLAN SAYS MORE FISCAL STIMULUS WILL BE NECESSARY
— Breaking Market News (@breakingmkts) May 12, 2020
Added at 9:24am
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Fed’s Kaplan: The Fed Actions Need To Be More Complemented By Fiscal Stimulus And Policy As Well As Grant-Making By Congress – CNN
— LiveSquawk (@LiveSquawk) May 12, 2020
Added at 9:27am
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Fed’s Kaplan: Repeats That He Would Be Against Negative Rates As They Would Have An Impact On Intermediaries And Money Market Funds
— LiveSquawk (@LiveSquawk) May 12, 2020
Added at 9:27am
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Fed’s Kaplan: With An 8-10% Unemployment Rate At End Of Year, The Overall Effect On Consumer Spending Power Will Be Negative
— LiveSquawk (@LiveSquawk) May 12, 2020
Added at 9:29am
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(NEUTRAL) FED'S KAPLAN: THE PERMIAN BASIN OUTPUT WILL SHRINK BY A MILLION BARRELS A DAY; WE WILL SEE BANKRUPTCIES AND RESTRUCTURING.
— Breaking Market News (@financialjuice) May 12, 2020
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