Dallas Fed president Kaplan expects to see a surge in prices of more than 2.5% or 2.75% in coming months

Market news

30 April 2021

Dallas Fed president Kaplan expects to see a surge in prices of more than 2.5% or 2.75% in coming months

Says he sees excesses and imbalances in financial markets
Factors pushing up inflation including base effects, demand-supply imbalances, and fiscal policy
Sees risk to his 6.5% GDP growth forecast this year is to the upside
Repeats that Fed should start talking about tapering soon
Says he hasn't changed his view that rates should start to rise in 2022

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