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KM Financial Solutions | Fed’s Kaplan says he supported rate cut only if Fed signaled nothing further
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Fed’s Kaplan says he supported rate cut only if Fed signaled nothing further

31 Oct Fed’s Kaplan says he supported rate cut only if Fed signaled nothing further

Posted at 15:14h in News by
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Dallas Federal Reserve Bank
President Robert Kaplan said on Friday he went along with the
U.S. central bank’s rate cut this week contingent on the Fed
signaling that no further decreases to borrowing costs were
likely, barring a material change in the economic outlook.

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