‘While monetary policy and fiscal policy have a key role to play, at this point they are not as important as all of us wearing masks and following these healthcare protocols,’ Dallas Federal Reserve President Robert Kaplan said.
about the coronavirus pandemic’s impact on the U.S. economy, Fink said that if all Americans wore masks “we would be resolving this crisis much sooner.”
If Covid-19 cases and deaths continue to increase, “we’re going to have to see another shutdown of parts of our economy,” Fink said, adding that small to medium size businesses would have a “harder time.” CNBC on Tuesday he is worried that the expected rebound is “stalling somewhat” and that “while monetary policy and fiscal policy have a key role to play, at this point they are not as important as all of us wearing masks and following these healthcare protocols.
Fink and Kaplan added to a chorus of public health experts, politicians and business leaders who are urging people to wear masks, most notably Centers for Disease Control and Prevention Director Robert Redfield, who said Thursday that the coronavirus outbreak could beDespite the evidence that masks can slow the spread of the virus, it has continued to be politicized in the U.S. “Masking is not a political issue, it’s a public health issue.
against the continued politicization of the coronavirus pandemic, emphasizing Monday that a failure to comply with social distancing and mask regulations would prolong the pandemic.took a hit Friday as the U.S. hit another daily record spike in new U.S. coronavirus cases. The Dow Jones Industrial Average was down 0.4%, over 100 points, while the S&P 500 fell 0.1% and the tech-heavy Nasdaq Composite 0.3%. That is how many confirmed cases there have been in the U.S.
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