“We are not going to fix the economy until we get our hands around the virus,” Minneapolis Fed President Neel Kashkari said on Tuesday. “We might be in this for a long time.”
Market reaction
These comments don’t seem to be having a significant impact on market sentiment. As of writing, S&P 500 futures were up 0.35% on the day to point out to a positive opening in Wall Street. Meanwhile, the US Dollar Index, which tracks the USD’s performance against a basket of six major currencies, is down 0.48% on a daily basis at 99.75.
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