Federal Reserve's Kaplan: Concerned that the manufacturing slowdown will intensify

Ross J Burland FXStreet

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.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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