• Fed's Kaplan says U.S. interest rate setting 'roughly appropriate'

Notícias do Mercado

18 fevereiro 2020

Fed's Kaplan says U.S. interest rate setting 'roughly appropriate'

Says he sees no change in Fed funds rate though this year

He hopes Fed balance sheet will expand only gradually once reserves meet ample levels of $1.5 trillion

Expects pace of balance sheet expansion to moderate significantly over first half of 2020

Supports review of treatment of Treasury bills in bank liquidity management

He is open to other options for limiting growth of Fed balance sheet

Sees slower U.S. oil output and 10-15% drop in oil sector capex in 2020

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