• Fed's Kaplan repeats that he sees U.S. economy shrinking 4.5-5.0% in 2020 - Bloomberg TV

Market news

3 August 2020

Fed's Kaplan repeats that he sees U.S. economy shrinking 4.5-5.0% in 2020 - Bloomberg TV

  • Sees a muted rebound from here
  • Expects unemployment rate at 9-10% at year-end unless they can manage the virus better

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