The Fed's Outlook as Vaccine Rollout Shifts into High Gear
Dallas Fed President Robert Kaplan weighed in on the possibility of a global economic recovery as more people around the world receive the COVID-19 vaccination.
About this Event
After 2020’s initial US coronavirus outbreak and the US economic shutdown, the Federal Reserve stepped in with a broad array of actions, including to provide up to $2.3 trillion in loans to limit the damage and to further prop up an ailing economy. Now, with the rollout of a promising COVID-19 vaccine, there seems to be hope of a better future ahead. Will 2021 see the US economy—and other global economies—roar back to life, or has COVID-19 wrought lasting structural damage? As more people around the world receive the COVID-19 vaccination, Dallas Fed President Robert Kaplan weighs in on the possibility of a global economic recovery.
About the Speakers
President and CEO, Federal Reserve Bank of Dallas
As president and CEO, Robert Kaplan has played a critical role in how the Federal Reserve Bank of Dallas has responded to the economic turmoil caused by the COVID-19 pandemic and serves as a voting member of the 12-person rate-setting Federal Open Market Committee.
Global Economics and Policy Editor, Bloomberg Media
Kathleen Hays covers economies and central banks around the world, from the Federal Reserve and the European Central Bank, to the Bank of Japan and the People’s Bank of China. Recognized as one of the top economics reporters and anchors in the country, Hays has covered the US economy and the Federal Reserve for more than 30 years.