Fed’s Kaplan Would Have Supported Increase in Rates Last WeekBy
Dallas Fed chief declines to say if he would have dissented
Kaplan worried that reach for yield is bringing distortions
Federal Reserve Bank of Dallas President Robert Kaplan said he would have backed an interest-rate increase at the U.S. central bank’s meeting last week, when his colleagues voted to leave policy on hold.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.