Market Activity
Markets

Kaplan says that while the Fed wants to normalize, it can't be forced

Comments from Dallas Fed President:

  • While the Fed wants to normalize, it can't force it. Must be patient
  • The world will need to get used to lower levels of growth in China
  • Since December, financial conditions have tightened
  • Zero rates cause distortions
  • Tighter financial conditions may slow US economy
  • I want to be vigilant, patient in assessing how events are unfolding
  • Should not be speculating about future rate hikes; assessing global, domestic outlook

Kaplan also spoke about the oil market earlier .

He's dovish today but he's been trending that way since mid-January .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos