The economic situation of the United States and the Federal Reserve's response
Remarks before the Japan Center for Economic Research, Institute for International Monetary Affairs and Japanese Bankers Association, Tokyo, Japan, April 8, 2009. ; "But it is clear to me that in this environment, inflation is unlikely to present a serious threat given the pervasive bias in the U.S. economy toward wage cuts and freezes, rising unemployment, the widespread loss in wealth that has resulted from both the housing and equity market corrections, continually declining consumption and business investment, and the anemic condition of the banking and credit system, all of which ...
R.I.P. QE3...or will it? (with reference to Shakespeare, Betsy Duke, Janet Yellen, Yogi Berra and Lenny Kravitz)
Remarks before the Shadow Open Market Committee Manhattan Institute, New York City, November 3, 2014.
A U.S. economic update and perspective on monetary policy (with reference to Leslie W. Fisher)
Remarks before the Australian Business Economists, Sydney, Australia, November 4, 2013 ; "Under these circumstances, it is no small wonder American businesses are not expanding and growing jobs at the pace we at the Fed would like to see. It is no small wonder that our economy is growing at a substandard pace compared to previous recoveries. It is no small wonder that the most expansive monetary policy the FOMC has ever engineered has been hampered from accomplishing what it set out to do. In short, while the Fed has been moving at the speed of a boomer in full run, the federal government ...
Assessment of Current Economic Conditions and Implications for Monetary Policy, February 13, 2017
An essay by Dallas Fed President Robert S. Kaplan from February 13, 2017.
Remarks before the Washington Association of Money Managers
Remarks before the Washington Association of Money Managers, Washington, D.C., May 28, 2009. ; "A keen student of the H.4.1 and the Foreign and International Monetary Authority (FIMA) custody holdings reports of the Fed will detect that foreign official holdings of U.S. Treasuries and agencies have been growing at a robust pace, not shrinking."
Economic Conditions and the Key Structural Drivers Impacting the Economic Outlook
An essay by Robert S. Kaplan, President and CEO of the Federal Reserve Bank of Dallas.
Two areas of present concern: the economic outlook and the pathology of Too-Big-to-Fail (with reference to Errol Flynn, Johnny Mercer, Gary Stern, and Voltaire)
Remarks before the Senior Delegates' Roundtable of the Fixed Income Forum, Carlsbad, California, July 23, 2009. ; "A lot of former negatives are being eliminated. We are seeing changes from negative impulses to slightly positive ones. This accentuates the positive in the aggregate. We probably have the beginnings of a faint recovery."
Assessment of Current Economic Conditions and Implications for Monetary Policy, May 22, 2017
An essay by Dallas Fed President Robert S. Kaplan from May 22, 2017.
Comments on monetary policy and an annual Texas economic review
Remarks before the Dallas Business Club, Dallas, TX, December 3, 2014.