Fed's Kaplan: Fed reserve management has some effect on risk assets

Author: Adam Button | Category: Central Banks

Kaplan on the balance sheet:

  • Sensitive from here to seek ways to limit balance sheet
  • I'm worried about impact of Fed policy on asset prices
  • Anything that curbs uncertainty will help investment, but even so business spending will still be sluggish
  • Phase-one trade deal is positive and creates some stability
  • Consumer is solid, jobs market is tight
The Fed faces some kind of reckoning about it's "non-QE" balance sheet expansion. It's clear that a few members don't like the implication that's it's goosing equities.

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose