Senior officials of the Federal Reserve call for stricter blockade, or the early stage will become a warm-up for a greater disaster

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 Senior officials of the Federal Reserve call for stricter blockade, or the early stage will become a warm-up for a greater disaster


The August 7 column was written with Michael Osterholm, director of the center for infectious disease research and policy at the University of Minnesota. The article says that in order to reduce the incidence rate of new crown virus to less than one in one hundred thousand people, blockade must be as comprehensive and strict as possible. If we are not willing to take such action, there may be millions of confirmed cases and more deaths before the vaccine is possible.

Kashkari is a decision-making member of this years Federal Open Market Committee, which sets us monetary policy and is one of its doves. Kashkari and ostholm warned that without effective measures, the U.S. economy will face a slow recovery, business bankruptcies and high unemployment will continue into the next few years.

They all believe that the U.S. governments containment response to the new outbreak is a failure compared with other countries in Asia and Europe. In short, we abandoned the lock-in measures to control the spread of the virus before it was controlled, the two wrote They also criticized that the United States reopened too quickly, resulting in about 50000 new cases a day.

(function(){( window.slotbydup=window .slotbydup||[]).push({id:u5811557,container:ssp_ 5811557, async:true The novel coronavirus pneumonia number in the United States was over 5 million on Sunday (9) after negotiations between the White House and senior congressional Democrats broke down. Nearly 50 million people have applied for first-time unemployment benefits in the past 16 weeks, more than 37 million during the 18 months of the great depression. Both said stimulus efforts must be stepped up to contain a more severe economic downturn. If people cant pay their bills, the depression will spread throughout the economy and make it worse, there will be more bankruptcies, and the countrys recovery will be slower. Charles Evans, chairman of the Chicago Fed, agreed and suggested that another set of support programs be implemented to ensure that people can stay at home and maintain the cost of living, especially the vulnerable. I think public confidence is really important, and another support plan is really important, said Evans, who will become a decision-making member of the Federal Open Market Committee next year Source of this article: Overseas editor: Zhang Xianchao_ NN9310

The novel coronavirus pneumonia number in the United States was over 5 million on Sunday (9) after the talks between the White House and senior congressional Democrats broke down. Nearly 50 million people have applied for first-time unemployment benefits in the past 16 weeks, more than 37 million during the 18 months of the great depression.

Both said stimulus efforts must be stepped up to contain a more severe economic downturn. If people cant pay their bills, the depression will spread throughout the economy and make it worse, there will be more bankruptcies, and the countrys recovery will be slower.

Charles Evans, chairman of the Chicago Fed, agreed and suggested that another set of support programs be implemented to ensure that people can stay at home and maintain the cost of living, especially the vulnerable. I think public confidence is really important, and another support plan is really important, said Evans, who will become a decision-making member of the Federal Open Market Committee next year