UPDATE 1-U.S. rates to stay low, Fed will need to do more, Kaplan says
30 Apr UPDATE 1-U.S. rates to stay low, Fed will need to do more, Kaplan says
Posted at 13:30h
in
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by KMFSLLP
With U.S. unemployment
likely to go as high as 20% and end the year still at 8% to 10%,
the Federal Reserve still has work ahead to help the U.S.
economy weather the coronavirus crisis, Dallas Federal Reserve
Bank President Robert Kaplan said Friday.
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