More from Fed's Kaplan - keeping rates at zero risks people taking more risk

Author: Eamonn Sheridan | Category: Central Banks

Dallas Federal Reserve President Kaplan with more

  •  there is a difference between being accommodative and keeping rates at zero
  • says keeping rates at zero is necessary during pandemic but over long time could push people to take more risk
  •  says forward guidance is a useful tool but public already expected rates would stay at zero for next few years


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