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Biden Advisor Says More US Stimulus Needed in 2021 Even If Deal Reached Soon

US
(MNI) WASHINGTON

Top economic advisor to presidential contender Joe Biden, Jared Bernstein said more economic relief would likely be needed early next year even if the current negotiations are successful. "The likelihood that the output gap is closed by then is about zero and that would imply the need for another package."

MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com

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