Home / Market Update / Kashkari: Not Passing Stimulus Will Slow Recovery

Kashkari: Not Passing Stimulus Will Slow Recovery

President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Friday that the road to economic recovery is long and challenging.

“We are a long way from recovering the job market that we had back in January and February.”

If Congress fails to pass more relief, more small businesses will suffer and the recovery will slow further, according to Kashkari.

Check Also

Could USDT Removal Impact EU Amid Crypto Boom Promised By Trump?

The European Union’s Markets in Crypto-Assets (MiCA) regulation, designed to enhance transparency and combat financial …