Fed's Kaplan says stock selloff justifies a pause in interest-rate hikes
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Former Dallas Fed President: Fed will focus on real economy, not markets'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.'
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Fed’s Kaplan Says It’s Time to Hold Off on Interest-Rate RisesFederal Reserve Bank of Dallas leader Robert Kaplan told Bloomberg TV that the central bank should move to the sidelines until it can determine whether economic anxieties are temporary or a sign of something worse.
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Most New Voting Members of Fed Sign Off on Pause in Rate IncreasesThree of the four new voting members on the rate-setting Federal Open Market Committee signaled they are willing to take some time to gain greater clarity about the economic outlook before doing anything with monetary policy.
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