Dallas Federal Reserve President Robert Kaplan said the U.S. economic growth will accelerate next year as the country rebounds from the coronavirus crisis.
"In '21, we will see an above-trend growth, and we will continue to grind down the unemployment rate," Kaplan said on CNBC's "on Tuesday. "I still believe if we follow these protocols, we would see a rebound from the deep hole we dug in the second quarter.
The Fed president said the most important thing for the economy now is wearing protective face coverings. In recent weeks, many states in the U.S. have seen a resurgence in new cases and hospitalizations as the economy started to reopen.
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