Want a fast economic recovery? Invest in tests, Fed’s Kaplan says


Robert Kaplan, president and CEO of the Federal Reserve Bank of Dallas.

Mary Catherine Wellons | CNBC

Even with tens of millions of jobs lost and a historic decline in output projected this quarter, the U.S. economy could still pull off a relatively quick recovery, Dallas Federal Reserve President Robert Kaplan said on Thursday.

“If we made a dramatic national initiative for testing — and I mean dramatic …that could help create the V,” he said in an online interview with local public TV station KERA, referring to a recession characterized by a sharp decline in output followed quickly by a steep ramp back up. “The highest return on equity investment we can make in this country is…


Aurora Cannabis, Dillard’s, Applied Materials and more

Previous article

Global sports economy will take a $60 billion hit from the coronavirus

Next article

You may also like

Leave a Reply

Notify of

More in Economy