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Fed's Kaplan: He backed the Fed's July rate cut

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Dallas Fed’s Kaplan: Open minded on adjustment if see continued weakness - CNBC

From fxstreet.com

Dallas Fed’s Kaplan on CNBC is making comments, ending the interview now. Key comments: • Sees 2% growth in 2020. • Sees risks a little bit more to the downside. • Impossible’ to know how serious crisis is ‘as it starts. • Expects solid growth so long as the consumer is strong. • Backed the Fed's July rate cut. • Would like to take further action on rates. • Need a policy that fits US economy. Open minded on adjustment if see continued weakness. (full story)

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  • Category: Low Impact Breaking News