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KM Financial Solutions | UPDATE 1-Fed’s Kaplan says could see financial condition tighten
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UPDATE 1-Fed’s Kaplan says could see financial condition tighten

18 Oct UPDATE 1-Fed’s Kaplan says could see financial condition tighten

Posted at 00:54h in News by
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Dallas Federal Reserve Bank
President Robert Kaplan said on Friday that it “bothers” him
that banks now must borrow from each other overnight at higher
rates than they would for longer periods – a topsy turvy
situation that he said could lead to tighter financial
conditions.

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