Wednesday, January 27, 2021

Fed's Kaplan talking – sees a contraction within the order of two.25 to 2.5% for US GDP in 2020

Kaplan is head of the Dallas Federal Reserve department, talking at a ‘City Corridor’ occasion.
The headline is his 2020 look-back, and for 2021 thus far he’s projecting a ‘tough’ first few months as a result of surging variety of virus instances (and related sickness, hospitalisations and deaths). Neverthelss he’s bullish for Q1 GDP, suggesting

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