Fed’s Kaplan Expects Debates about Easy Policies

The President of the Federal Reserve Bank of Dallas, Robert Kaplan, said on Friday that he expects enthusiastic debates inside the United States Federal Reserve about the time when they will begin reducing the current pace of monetary easing policies.

Kaplan did not offer his assumption on when could that happen, he was cited by Reuters as saying in a recent speech in front of the North Dallas Chamber of Commerce Energy Forum.

“Until it’s clear that we’ve weathered this pandemic, the Fed needs to be aggressive in using its tools.”

“After it’s clear that we’ve weathered this pandemic… I do think it would be healthy to be weaning off some of these extraordinary measures.”