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Fed's Kaplan: aid hasn't been as effective to help SMEs
(VOTER) FED'S KAPLAN: ONE AREA WHERE AID HASN'T BEEN AS EFFECTIVE IS HELP TO SMES.
— Breaking Market News (@financialjuice) August 6, 2020
Added at 10:21am
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(VOTER) FED'S KAPLAN: THE FED'S EMERGENCY LENDING FACILITIES HAVE BEEN SO EFFECTIVE THE FED HASN'T HAD TOO PUT MUCH MONEY INTO THEM.
— Breaking Market News (@financialjuice) August 6, 2020
Added at 10:21am
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Fed's Kaplan: No need for negative rates. Fed has plenty of firepower, has role to play, but key to outlook is how well we follow health protocols. Negative rates not worth damage to money, financial mkts, not viable. Would not seriously consider. @DallasFed #federalreserve
— Mace News (@MaceNewsMacro) August 6, 2020
Added at 10:21am
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(VOTER) FED'S KAPLAN: THE FED'S ASSET PURCHASES ARE NOT FREE AND MAY ULTIMATELY HAVE AN EFFECT ON THE DOLLAR, WE DON'T WANT TO DO MORE THAN WE HAVE TO.
— Breaking Market News (@financialjuice) August 6, 2020
Added at 10:36am