Trade Wars, Slowing Global Economy, and Monetary Policy
The president and CEO of the Federal Reserve Bank of Dallas, Robert S. Kaplan, joined the Council for an important discussion: what type of monetary policy will the Fed prescribe to insulate the US economy from external risks?
About This Event
The president and CEO of the Federal Reserve Bank of Dallas, Robert S. Kaplan, joins the Council for an important and timely discussion. Throughout 2019, the Federal Reserve has cut interest rates three times—all but reversing the rate increases from last year. These cuts have been a result of slowing global growth and continuing uncertainty around the US-China trade war. Although cutting rates could help the economy deal with these concerns, US monetary policy decisions have continued to be called into question. Looking ahead as an election approaches, what type of monetary policy will the Fed prescribe to insulate the US economy from external risks?
About the Speakers
Global Economics and Policy Editor, Bloomberg Media
Kathleen Hays covers economies and central banks around the world, from the Federal Reserve and the European Central Bank, to the Bank of Japan and the People’s Bank of China. Recognized as one of the top economics reporters and anchors in the country, Hays has covered the US economy and the Federal Reserve for more than 30 years.
President and CEO, Federal Reserve Bank of Dallas
As president and CEO, Robert Kaplan has played a critical role in how the Federal Reserve Bank of Dallas has responded to the economic turmoil caused by the COVID-19 pandemic and serves as a voting member of the 12-person rate-setting Federal Open Market Committee.