Robert Kaplan Talks Interest Rates, Inflation and Elections
Bloomberg Talks · Bloomberg
Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The Federal Reserve is likely to reduce interest rates in September in light of recent progress on inflation, but the move isn’t likely to mark the beginning of a full-fledged rate-cut cycle, according to the former president of the Fed’s Dallas branch.
“Its path for September is pretty clear,” Robert Kaplan, who left the Fed in October 2021 and is now vice chairman at Goldman Sachs Group Inc., said Thursday. “I think there’s a good chance they could do one more cut in December.”
See omnystudio.com/listener for privacy information.