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Kaplan: I see US GDP down 4.5% for 2021, unemployment between 8% - 9%
(VOTER) FED'S KAPLAN: I SEE US GDP DOWN 4.5% FOR 2021 AND THE UNEMPLOYMENT RATE FALLING TO BETWEEN 8% TO 9%.
— Breaking Market News (@financialjuice) August 14, 2020
Added at 10:17am
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(VOTER) FED'S KAPLAN: I SEE Q4 GDP UP 6-7% AT AN ANNUALIZED PACE.
— Breaking Market News (@financialjuice) August 14, 2020
Added at 10:18am
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(VOTER) FED'S KAPLAN: CONSUMERS ARE STILL SPENDING, BUT SHIFTING FROM HIGH CONTACT INDUSTRIES TO OTHER FORMS OF CONSUMPTION.
— Breaking Market News (@financialjuice) August 14, 2020
Added at 10:18am
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(VOTER) FED'S KAPLAN: THE EXPIRATION OF UNEMPLOYMENT BENEFITS MAKES THIS TIME OF GREAT HARDSHIP AND STRESS FOR LOWER-INCOME WORKERS WHO HAVE LOST JOBS.
— Breaking Market News (@financialjuice) August 14, 2020
Added at 10:18am
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(VOTER) FED'S KAPLAN: NOW MORE THAN EVER STUDYING EXPERIENCE OF OTHER COUNTRIES TO LEARN WHAT THE US CAN DO BETTER.
— Breaking Market News (@financialjuice) August 14, 2020
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