Kaplan: Moderate overshoot on inflation probably means 2.25% or 2.5%

Kaplan: Moderate overshoot on inflation probably means 2.25% or 2.5%

FED'S KAPLAN SAYS MODERATE OVERSHOOT ON INFLATION PROBABLY MEANS 2.25% OR 2.5%
— *Walter Bloomberg (@DeItaone) August 27, 2020

Added at 1:15pm

Dallas Fed's Kaplan/CNBC: Now realize full employment can be much lower unemp rate and may be able "to run hotter" to include underrepresented groups in a stronger labor force. #Kaplan #jobs #federalreserve @anthonymace
— Mace News (@MaceNewsMacro) August 27, 2020

Added at 1:15pm

On CNBC, Dallas Fed Kaplan says new inflation approach not formulaic or commitment, is an "articulation" of existing policy actions, and would only accept overshoot of 2.25% to 2.5%.
— Michael S. Derby (@michaelsderby) August 27, 2020

Added at 1:17pm

Dallas Fed's Kaplan/CNBC: Wise not to assume "the future is going to look like the (low inflation) past." #Kaplan #inflation #federalreserve @anthonymace
— Mace News (@MaceNewsMacro) August 27, 2020

Added at 1:23pm

KAPLAN: MARKETS NEED TO UNDERSTAND FED EMERGENCY EFFORTS WILL END
— Breaking Market News (@breakingmkts) August 27, 2020

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