Kaplan is speaking in a Q&A
- Global growth deceleration likely to continue
- We should pause to see how economic uncertainties look
- Yield curve signaling sluggish expectations for growth
- Weaker business outlook is a reason for caution on rates
We've heard all this before from Kaplan. The Fed is on the sidelines and will stay there. The FOMC minutes might have some interesting tidbits on the size of its portfolio.
