Fed’s Robert Kaplan is OK with keeping rates steady but wants to look at the central bank’s balance sheet

Fed’s Robert Kaplan is OK with keeping rates steady but wants to look at the central bank’s balance sheet

Dallas Federal Reserve President Robert Kaplan said he’s comfortable with where interest rates are but thinks the central bank needs to talk this year about the size of its balance sheet.
In an interview Friday with CNBC’s Steve Liesman, Kaplan said economic growth is likely to grow in excess of 2% this year while inflation remains low, justifying the Fed’s stance of likely keeping its benchmark…

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