Dallas Fed’s Kaplan calls for tapering announcement in September

Federal Reserve Bank of Dallas President Robert Kaplan said rising concerns over the spread of the Delta variant have not materially changed his call to start the process of pulling back on the central bank’s extraordinary monetary stimulus in September.

“I’m going to be suggesting that we should move toward announcing a plan as early as our September meeting and begin our tapering process in October,” Kaplan told Yahoo Finance in an interview on Thursday.

Kaplan’s comments come as the…


Source link

About search

Check Also

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

[unable to retrieve full-text content]3 stocks with the biggest gains took April’s biggest losses  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *