Dallas Fed President Kaplan does not want to see negative rates in U.S. - Fox Business

Market news

28 February 2020

Dallas Fed President Kaplan does not want to see negative rates in U.S. - Fox Business

It's too soon to comment on FOMC will do in market turmoil
We need to consider the broader economic policy aside from any possible rate cuts
Says he is watching credit spreads and liquidity amid downturn
When global growth is slower it will spill over to some extent to U.S.
Have seen decline in demand in isolated industries such as travel and energy
Says uncertainty is causing businesses not to cancel projects altogether but to be judicious

Canada’s economy grows 0.1 percent q-o-q in Q4

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