The U.S. economy has a long way to go before it fully recovers and will need strong support from the Federal Reserve and the broader government to get there, Federal Reserve Bank of Minneapolis President Neel Kashkari said Monday.
“The key now is for the Fed to keep its foot on the monetary policy gas” to help the economy overcome the coronavirus pandemic, Mr. Kashkari said. He also said it is critical that fiscal aid be in the mix as well, adding the central bank will use all available tools to help achieve its job and inflation…
