Dallas Fed President Robert Kaplan, speaking in a CNBC interview.

  • the rebound we've been expecting has been muted
  • recovery would be better if we could mute virus spread
  • mask wearing would mute virus transmission
Dallas Fed President Robert Kaplan, speaking in a CNBC interview.

More:

  • he is seeing pronounced slowing in the economy again, but 2021 may see above trend economic growth
  • would prefer for the Fed to do less and not more
  • spots of inflation like in food, but still a deflationary environment