Federal Reserve Bank’s Neel Kashkari: Prepare For ‘Worse Downturn’ If 2nd Stimulus Package Isn’t Passed

From CBS Minnesota:

By Jeff Wagner

October 6, 2020

MINNEAPOLIS (WCCO) — America’s economy is a two-sided coin. One side shows a resurging stock market. On the other, struggling small businesses trying to weather a pandemic and the restrictions that come with it.

WCCO spoke Tuesday with Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis.

“Ultimately, we have to get control of the virus in order to fully restore our economy,” Kashkari said.

Read more at CBS Minnesota