Former Dallas Fed President and Goldman Sachs Vice Chair Robert Kaplan says the Federal Reserve is getting closer to its neutral rate of between 3.50% and 3.75%. Kaplan says he would cut interest rates this month and it’s important for the Fed to get as close as it can to its target of 2% inflation. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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Fed Getting Closer to Neutral Rate, Says Goldman's Kaplan
