Back

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."

New Zealand Current Account - GDP Ratio registered at -3.6%, below expectations (-2.7%) in 1Q

New Zealand Current Account - GDP Ratio registered at -3.6%, below expectations (-2.7%) in 1Q
Baca lagi Previous

NZD/USD: Depressed under 0.6500 amid risk reset

NZD/USD pays a little heed to New Zealand’s first quarter (Q1) Current Account data while taking rounds to 0.6445 after the release. In doing so, the
Baca lagi Next