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Dallas Fed’s Kaplan on CNBC is making comments, ending the interview now.  

Key comments:

  • Sees 2% growth in 2020.
  • Sees risks a little bit more to the downside.
  • Impossible’ to know how serious crisis is ‘as it starts.
  • Expects solid growth so long as the consumer is strong.  
  • Backed the Fed’s July rate cut.  
  • Would like to take further action on rates.  
  • Need a policy that fits US economy.
  • Open minded on adjustment if see continued weakness.  

More to come: