Fed's Kashkari warns that unless a stricter US lockdown is imposed, the last six months could feel just like a 'warm-up to a greater catastrophe'
that unless a stricter lockdown is imposed in the US, the last few months could feel just like"a warm-up to a greater catastrophe."
To drive down the coronavirus case rate to less than one per 100,000 people,"the lockdown has to be as comprehensive and strict as possible," they wrote. Kashkari is a voter on this year's Federal Open Market Committee, which sets US monetary policy and is one of its more dovish members.
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