Fed's Kaplan: Unclear Right Now Coronavirus.....>

FED: Fed's Kaplan: Unclear Right Now Coronavirus Calls for Rate Change (WSJ)

- Federal Reserve Bank of Dallas President Robert Kaplan said Tuesday events are

still too fluid around the coronavirus outbreak to say the U.S. central bank

needs to lower short-term rates, as many in financial markets now think is

likely. "We are still in the heat of this and there's just a lot of uncertainty,

so anytime you are in the middle of something where there's a lot of uncertainty

and you know that in the next three or four weeks some of that uncertainty is

going to get cleared up, either for better or worse, I think it pays to be

patient," Mr. Kaplan said in an interview with The Wall Street Journal.

- Link: https://tinyurl.com/r2jeo2m