6/3/2021 5:47:44 PM GMT | By Eren Sengezer
Dallas Fed President Robert Kaplan reiterated on Thursday that he would rather see the Fed take its foot a little off the gas pedal sooner rather than later, as reported by Reuters.
Additional takeaways The spending tailwind for the US rconomy looks strong. Right now, balance of power is to the worker, who can wait for a better a job because of unemployment benefits. Substantial progress means evidence we ve weathered the pandemic, which we are seeing. Substantial progress also means progress on employment, inflation goals. It s critical to start talking about adjusting asset purchases. I don t think the housing market needs the support at the level the fed is providing.
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