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Not much new from Dallas Fed Pres Kaplan on.....>

FED
FED: Not much new from Dallas Fed Pres Kaplan on CNBC: says that his guess "is
that we are going to need to do more...but also, you're going to need more
fiscal action", including aid to the states.
- He also beats the drum again on getting widespread testing in place before
consumer activity etc can fully recover. (He had said last week that a 2nd COVID
wave would mean more Fed balance sheet expansion and fiscal stimulus).
- Reiterates previous comments that the unemployment rate will peak at around
20% soon, and will end the year as high as 10%. Says today that it will take
some fiscal action "to help grind [the unemp rate]down".
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