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Fed's Kaplan says U.S. economy will live with virus well into next year

Christian Fernsby |
Dallas Federal Reserve Bank President Robert Kaplan repeated his forecast for the U.S. economy to shrink about 2.5% this year and grow a strong 3.5% next year, adding that he expects the pandemic to continue to impact daily life well into next year.

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Topics: U.S.   

“Let’s see what we can do to live with this virus,” Kaplan said in an online event with the Houston Hispanic Chamber of Congress, adding that wearing masks is a “far better alternative” to the mass lockdowns earlier this year.

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