Quantcast

Fed’s Kaplan: I’m open minded on December, not there yet

Dallas Fed President Kaplan on CNBC after the jobs report
– Labor markets are tightening
– A lot of the jobs lost in Sept were temporary
– Companies have less pricing power now
Kaplan is on the more-dovish side of the Fed but if/when he indicates that he’s gaining confidence, that will be a big signal on December.