Fed policy makers want more support for economy

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Fed policy makers want more support for economy

Feds at odds with each other
Minneapolis Fed President Neel Kashkari wants another full shutdown, Dallas Federal Reserve Bank President Robert Kaplan said

“he did not agree with his colleague, Minneapolis Fed President Neel Kashkari, who at the weekend said he thought the U.S. economy should shut back down again for four to six weeks to suppress spread of COVID-19.

Instead, Kaplan said, universal mask-wearing could substantially mute transmission of the virus without a widespread lockdown. “I think we are going to have to learn to live with this virus. We are going to have to learn to re-engage in our daily activities but still control the virus,” he said. “Widespread mask-wearing is essential to that.”–Reuters

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