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Kaplan, Robert S. on 2018 May 15 at 12:30

From Bloomberg: The yield curve is one of the considerations on my mind, which is why I’m not jumping away from three as a base case.

The “yield curve is one of the considerations on my mind, which is why I’m not jumping away from three as a base case,” Kaplan said Tuesday in a Bloomberg News interview. “I don’t want to knowingly invert the yield curve, but I think it’s too soon to say how much operating flexibility we are going to have." … “I’d like to first get to neutral, see if we can do that, and then we’ll have to make a judgment when that time comes” about whether to continue raising rates, Kaplan said. “But even in my dot plot submissions, I would not be submitting estimates that would, in my view, knowingly invert the yield curve.” Kaplan, Robert S.

Bloomberg News

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