Economics
Fed’s Kaplan Says Mask Use Would Spur Growth, Boost Jobs
- Mask wearing could substantially mute the virus’s spread
- Economy is likely to need more fiscal stimulus, he says
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Wide-spread mask wearing and following other health-care measures will be vital to economic growth in the U.S., said Federal Reserve Bank of Dallas President Robert Kaplan.
“While monetary and fiscal policy have a key role to play, the primary economic policy from here is broad mask wearing and good execution of these health-care protocols,” Kaplan said Friday in a Fox Business interview. “If we do that well, we’ll grow faster.”