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Fed Kaplan: Continuation of the unemployment benefits needed

Dallas Fed President Robert Kaplan said “the issue with the resurgence in the virus is it slowed down or somewhat muted the recovery we’ve been expecting”. Hence, “the better again we manage the virus, the better we’ll recover.”

“I believe the economy needs a continuation of the unemployment benefits,” Kaplan told CNN. “It may not need to be in the same form as it currently is, but we need a continuation.”

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