“It’s unfolding rapidly,” Kaplan told Fox Business Network. Kaplan has previously said he would like the Fed to begin tapering its asset purchases in October.
“So far it’s not having a material effect” on consumer activity like dining out, he said, but “it is having an effect in delaying return to office, it’s affecting the abilty to hire workers because of fear of infection,” and may be affecting production output, he said.
Source: Economy - investing.com
