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17 Jun 2020
Fed’s Kaplan: Economy's performance hinges on success of health policy
In an interview with Bloomberg, Dallas Federal Reserve Bank (Fed) President Robert Kaplan offers an upbeat view on the economy, in light of the coronavirus second-wave and successful health policy in the US.
Additional quotes
"US economy probably bottomed in early May."
"Will grow pretty strongly from here."
"There are upside and downside risks to the economy."
"Much depends on mask usage, testing, tracing."
"The resurgence in cases is not the extent that it threatens to overwhelm the healthcare system."