Fed's Kashkari Says He Had COVID, And It Informs His Outlook
Minneapolis Federal Reserve Bank President Neel Kashkari said Thursday that he and his family had COVID-19 earlier this year, and the experience drove home for him that it will take some time for the economy to get back to normal.
"A lot of families are experiencing what we just experienced," Kashkari said at a town hall for United Natural Foods Inc. employees, explaining that his family's bout with the disease meant three weeks of disrupted work.
"This will be a while" before people can be comfortable living with COVID, before workers on the sidelines of the labor force can return to work, and before supply chains will catch up, he said.
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