Fed’s Kaplan: Fed not in full-fledged rate-cutting cycle


Robert Kaplan, president of the Federal Reserve Bank of Dallas, on Friday argued that the Federal Reserve was not in a “full-fledged” rate-cutting cycle and added that policy adjustments were appropriate in a more “limited, restrained way.”

“A risk management standpoint would be a mistake to disregard the yield curve in assessing the economy, monetary policy,” Kaplan further elaborated and said the yield curve was a “reality check” on the outlook for growth.

The US Dollar Index recovered modestly in the last hour and was last down 0.06% on the day at 97.50.

Products You May Like

Articles You May Like

I FORGOT About My Trades!
Naked Forex System: 2 Ways to Trade “Spikey Markets”
Australian Dollar Technical Forecast: Bearish AUD/USD, AUD/JPY
Forex Trading LIVE Analysis & Trade Setups 11-12-2019 📈
China seen as the next big growth area for biotechs Biogen and Amgen

Leave a Reply

Your email address will not be published. Required fields are marked *