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Dallas Fed’s Kaplan: Open minded on adjustment if see continued weakness - CNBC

Dallas Fed’s Kaplan on CNBC is making comments, ending the interview now. 

Key comments:

  • Sees 2% growth in 2020.
  • Sees risks a little bit more to the downside.
  • Impossible’ to know how serious crisis is ‘as it starts.
  • Expects solid growth so long as the consumer is strong. 
  • Backed the Fed's July rate cut. 
  • Would like to take further action on rates. 
  • Need a policy that fits US economy.
  • Open minded on adjustment if see continued weakness. 

More to come: 

 

 

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