Fed's Kaplan: Would be confident about 2020 outlook if not for virus

Fed's Kaplan speaking in Texas

• can't know virus impact yet
• Unsure if data is reliable
• Would be confident about 2020 Outlook if not for virus

Dallas Fed Pres. Robert Kaplan sounds a bit more cautious given the threat from the coronavirus. During his testimony on Capitol Hill this week Fed's chair Powell said that it was too early to tell the impact on the economy from the coronavirus