Dallas Federal Reserve Bank President Robert Kaplan
Having a good old natter he is ....
- Is watching whether financial market volatility will spill over into tightening of conditions
- Sees nothing in mkts in last 3 weeks that would change outlook on monetary policy
- Would not be sanguine if yield curve inverted
- Rise in 10 year Treasury yields gives the Federal Reserve more operating flexibility
Earlier:
- More Kaplan: Fed should gradually, patiently remove accommodation
- Fed's Kaplan: sees US GDP growth around 2.5%-2.75% in 2018