Fed's Kaplan: Should wean economy at earliest opportunity from super-easy policy

"We should wean the economy at the earliest opportunity from the super-easy Federal Reserve policy," Dallas Federal Reserve Bank President Robert Kaplan said on Friday, as reported by Reuters.
"The challenge will be finding the balance between being too preemptive and being too late on policy," Kaplan added.
Market reaction
The greenback failed to capitalize on these bullish remarks. As of writing, the US Dollar Index (DXY), which tracks the USD's performance against a basket of six major currencies, was down 0.1% on the day at 91.57. On a weekly basis, the DXY is down 0.66%.
Author

Eren Sengezer
FXStreet
As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

















