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29 Mar 2019
Fed's Kaplan: Not committed to Fed's next policy move, await incoming economic data
Additional comments from Dallas Fed President Robert Kaplan continue to cross the wires with key quotes, via Reuters, found below.
- U.S. inflation, which is running below the Fed's 2 pct goal, allows policy makers to be patient.
- Not committed to Fed's next policy move, await incoming economic data.
- Adaptation of any new inflation framework must be credible.
- U.S. economy more sensitive to interest rate changes than ever before due to high levels of public and private debt.