Search

Fed's Kaplan says watching delta, may need to adjust views - Reuters

sambitasa.blogspot.com
FILE PHOTO: Dallas Federal Reserve Bank President, Robert Kaplan, stands on a stage at Stanford UniversityÕs Hoover Institution where he is attending an annual monetary policy conference in Stanford, California, U.S., May 4, 2018. REUTERS/Ann Saphir

(Reuters) - Dallas Federal Reserve President Robert Kaplan said on Friday he was watching carefully for any economic impact from the Delta variant of the coronavirus and might need to adjust his views on policy “somewhat” should it slow economic growth materially.

“It’s unfolding rapidly,” Kaplan told Fox Business Network. Kaplan has previously said he would like the Fed to begin tapering its asset purchases in October.

“So far it’s not having a material effect” on consumer activity like dining out, he said, but “it is having an effect in delaying return to office, it’s affecting the abilty to hire workers because of fear of infection,” and may be affecting production output, he said.

Reporting by Ann Saphir; Editing by Gareth Jones

Adblock test (Why?)



"need" - Google News
August 20, 2021 at 07:59PM
https://ift.tt/3sxEcPb

Fed's Kaplan says watching delta, may need to adjust views - Reuters
"need" - Google News
https://ift.tt/3c23wne
https://ift.tt/2YsHiXz

Bagikan Berita Ini

0 Response to "Fed's Kaplan says watching delta, may need to adjust views - Reuters"

Post a Comment

Powered by Blogger.