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Q: What would you hypothetically say to a.......>

FED
FED: Q: What would you hypothetically say to a Senator if he said we should put
on the stimulus brakes after the May unemployment report? Also, what does
"getting through this" mean, esp re possible 2nd wave of COVID?
- A: U-6 unemployment metric has tripled from 7% to 21%, 22 million additional
people who have lost work. Re May report, we don't know what it means, we have
to wait and see.
- Re 2nd wave, we talk to experts, we don't have anything special to add on
that. Local spikes in COVID would not be a positive development, I'll just leave
it at that.

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