Fed's Kaplan: US economy has bottomed, expects growth in H2
Comments from the Dallas Fed President:
Comments in an interview with Reuters.
Harker also spoke but didn't talk about the economy.
Unemployment is forecast to rise to nearly 20% in next month's non-farm payrolls report. That's double the financial crisis but it look 3 years to get back to 7% and Kaplan is predicting a much quicker rebound
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