Name: Robert S. Kaplan
Summary: Fed will be patient on U.S. policy given global risks: Kaplan: "The Federal Reserve will be patient as it decides how trouble overseas could hit the U.S. economy, a Fed policymaker said in an interview, suggesting the central bank will be slower to raise interest rates this year. Dallas Fed President Robert Kaplan said on Friday it was "significant" that the Fed decided this week to no longer describe the risks to the U.S. economy as being "balanced," a term that meant officials were comfortable with their view of the outlook."
Substantially Similar to Prior Statements: No
Statement Date: January 29, 2016
Publication Date: January 29, 2016All Members All Statements