The U.S. will need a strong regime to test, trace and quarantine cases of the new coronavirus to ensure a stronger rebound in employment and economic activity as states lift restrictions on commerce this summer, Dallas Fed President Robert Kaplan said in an interview. “You will need, at least pre-vaccine, procedures to give people confidence to engage in some of these activities in industries that employ millions of people,” said Mr. Kaplan, who spoke to the WSJ by phone on May 27. Here is a transcript of that conversation,...

Source: Wall Street Journal May 29, 2020 14:45 UTC