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Former Dallas Federal Reserve President Kaplan expects FOMC interest rate cuts in 2024

Kaplan was speaking in a US media interview on his outlook for the US economy and Federal Reserve monetary policy. He expects the FOMC will leave Fed Funds unchanged at the September meeting (on the 19th and 20th). As for rate cuts on the way:I think an estimate that by the middle of next year, they’ll feel that it’s appropriate to cut rates isn’t unreasonableI don’t know if it’ll turn out that way. But that’s as good as expectation is any I think at this point Kaplan added, though, that fiscal... Read More

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Former

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Kaplan

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Posted: Aug 14 2023, 22:10

Author Name: forexlive

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