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Kaplan, Robert S. on 2017 November 16 at 13:00

For me, prudent risk management means some action to remove accommodation gradually and patiently… It’s not that you have see you are meeting both, then you move.

Inflation is expected to rise toward the Fed’s goal, he said, and though structural pressures keeping it down are intensifying, “cyclical forces are building.” “For me, prudent risk management means some action to remove accommodation gradually and patiently,” he said, even if that means raising rates when the Fed has met only one of its two goals of full employment and 2-percent inflation. “It’s not that you have see you are meeting both, then you move.” Kaplan, Robert S.

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