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Fed's Kaplan: Wouldn't be surprised by a temporary rise in inflation
Fed's Kaplan:
— DailyFX Team Live (@DailyFXTeam) February 9, 2021
- Wouldn't be surprised by a temporary rise in inflation
- Cyclical elements of inflation may build over time#Fed $USD
Added at 8:42am
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Fed's Kaplan:
— DailyFX Team Live (@DailyFXTeam) February 9, 2021
- Will see a strong boost to GDP growth in 2021
- Most likely above trend growth in 2022
- Issue on the horizon is what are we doing to create sustainable GDP growth#Fed $USD
Added at 8:42am
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Fed's Kaplan:
— DailyFX Team Live (@DailyFXTeam) February 9, 2021
- It's appropriate to be aggressive with our tools while we're in the pandemic
- Once pandemic is weathered and substantial progress is made towards goals, it will be healthier to wean off of extraordinary measures #Fed $USD
Added at 8:49am
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Fed's Kaplan:
— DailyFX Team Live (@DailyFXTeam) February 9, 2021
- Fed's actions surely have an impact on financial assets
- Watching for any excessive risk taking
- Don't see any systemic risks #Fed $USD