Kaplan says Fed patience should run at least ‘a quarter or two’ By Reuters

0
20
© Reuters. FILE PHOTO:  Dallas Federal Reserve Bank President Robert Kaplan poses at a luncheon in El Paso


© Reuters. FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan poses at a luncheon in El Paso

TedsWoodworking Plans and Projects

PLANO, Texas (Reuters) – The U.S. Federal Reserve should wait at least “a quarter or two” before raising rates again as officials sort through a host of fresh economic risks from the government shutdown to financial market volatility, Dallas Federal Reserve bank president Robert Kaplan said on Tuesday.

While conditions could change, “it will take a little bit of time to let this situation unfold…I think it is in the matter of months, not weeks,” Kaplan said, adding that the Fed would likely need “a quarter or two” to see how a variety of issues get resolved.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here