In an interview with the Wall Street Journal, Dallas Fed President Robert Kaplan argued that the current Fed funds rate was “probably appropriate” for the U.S. economy and called it “mildly accommodative.” Key quotes (via Reuters) Would not give a definitive answer on whether lower inflation rates alone would justify a rate cut. Still have an open mind on inflation review, but would not want to restrict Fed’s ability to be flexible. Political considerations play no role in Fed policymaking. A ‘gold standard’ would have reduced the Fed’s options in response to economic downturn. Corporate debt is not a systemic risk but could amplify downturn. Do not see inflation ‘running away from us’. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin will not reach the peak 2018 heights for another 22 years according to UBS analyst FX Street 4 years In an interview with the Wall Street Journal, Dallas Fed President Robert Kaplan argued that the current Fed funds rate was "probably appropriate" for the U.S. economy and called it "mildly accommodative." Key quotes (via Reuters) Would not give a definitive answer on whether lower inflation rates alone would justify a rate cut. Still have an open mind on inflation review, but would not want to restrict Fed's ability to be flexible. Political considerations play no role in Fed policymaking. A 'gold standard' would have reduced the Fed's options in response to economic downturn. Corporate debt is not a systemic… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.