Fed’s Kaplan Expects ‘Enthusiastic’ Debate on Taper Timing
Bloomberg 1/29/2021 Catarina Saraiva © Bloomberg Robert Kaplan, president and chief executive officer of Federal Reserve Bank of Dallas, speaks during a Bloomberg Television interview at the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, U.S., on Friday, Aug. 23, 2019. Even though I am open to an adjustment either in September or the next few meetings, I prefer not to have to make an adjustment, Kaplan said, because it encourages risk taking.
(Bloomberg) Federal Reserve Bank of Dallas President Robert Kaplan predicted an “enthusiastic” internal discussion over the U.S. central bank’s massive bond-buying program, while vowing to be patient in judging when the economy has made sufficient progress to warrant scaling it back.
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