- Dallas Fed president Kaplan: We are going to have to shift our approach coming out of the virus
Market news
9 April 2021
Dallas Fed president Kaplan: We are going to have to shift our approach coming out of the virus
- Once it's clear we've weathered the virus, I want to err on the side of starting to remove extraordinary policies sooner rather than later
- Question for Fed is not to be preemptive or too reactive in talking about QE taper
- Excessive accommodation for longer than we need has side effects
- Some of the inflation in the coming months will be transitory, some won't be
- I'll also be looking at excess risk-taking in financial markets
- I'd like to see a sustainable achievement of employment, inflation goals
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