UPDATE 1-Fed’s Kaplan: Officials should be mindful of financial risk as they increase balance sheet
The Federal Reserve’s policy of
low interest rates, combined with its efforts to calm money
markets by increasing the central bank’s balance sheet, could be
pumping up the valuations of risky assets, Dallas Fed Bank
President Robert Kaplan said Wednesday in New York.
low interest rates, combined with its efforts to calm money
markets by increasing the central bank’s balance sheet, could be
pumping up the valuations of risky assets, Dallas Fed Bank
President Robert Kaplan said Wednesday in New York.
Posted by Reuters
