22 May 2019
Fed's Kaplan: Want to avoid creating excesses, imbalances in economy
Additional comments from Dallas Fed President Robert Kaplan continue to cross the wires as he speaks in an interview with Fox Business.
Key quotes (via Reuters)
- Expect solid, 2.25-2.50% growth rate for U.S. economy this year.
- See inflation gravitating up to Fed's 2% goal.
- Fed policy is at the right setting, urges patience on rates.
- Want to avoid creating excesses, imbalances in the economy.