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Fed's Kaplan: to return to normal, need aggressive fiscal and Fed action

“We are still in the teeth of this pandemic – and we are not out of the woods yet,” Kaplan told the Chicago Council on Global Affairs in an online event.

“We need to be aggressive in our fiscal and monetary policy actions, and I am hopeful that by doing that we will ultimately get beyond this pandemic and can then get to a more normalized environment in the months and years ahead.”


Source: Economy - investing.com

Fed's Kashkari says need to keep up support for economy

Democrats want to pass a $15 minimum wage through reconciliation. It’s unclear if they can