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