Federal Reserve's Kaplan: Concerned that the manufacturing slowdown will intensify
|Federal Reserve's Kaplan has said that that Fed has come to the conclusion that the system needs more reserves than the US has.
More comments:
- The US is consumer is strong and sees growth about 2% this year.
- Concerned that the manufacturing slowdown will intensify.
- Job at the Fed is to make sure to avert a slowdown.
- Program to buy treasury bills not related to monetary policy.
- US economy is mixed.
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