Kaplan on Fed Rate Hikes and Jackson Hole
Former Dallas Fed President Robert Kaplan endorsed the Federal Reserve's decision to maintain interest rates in July, indicating support for the current monetary policy stance. Kaplan also suggested that Fed Chairman Kevin Warsh should provide additional policy clarification during his upcoming Jackson Hole speech to improve market understanding of the Fed's direction.
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Kaplan on Rate Hikes, Warsh at Jackson Hole
Former Dallas Fed President Robert Kaplan endorsed the Federal Reserve's decision to maintain interest rates in July, indicating support for the current monetary policy stance. Kaplan also suggested that Fed Chairman Kevin Warsh should provide additional policy clarification during his upcoming Jackson Hole speech to improve market understanding of the Fed's direction.
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