Fed's Kaplan says unclear right now if coronavirus calls for U.S. rate change: WSJ

Fed's Kaplan says unclear right now if coronavirus calls for U.S. rate change: WSJ

Today·2020-02-26 07:30

Federal Reserve Bank of Dallas President Robert Kaplan said on Tuesday events are still too fluid around the coronavirus outbreak to say the U.S. central bank needs to lower short-term rates, the Wall Street Journal reported on Tuesday.

Kaplan said when it comes to central-bank interest-rate policy and the coronavirus, "it's too soon to make a judgment about how it might relate to monetary policy," according to the report.

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