FED’S KAPLAN: RISKS NO LONGER TILTED TO DOWNSIDE

By Jerry Kronenberg DALLAS, Texas (MaceNews) – Dallas Federal Reserve President Robert Kaplan said Thursday that the Fed no longer believes the U.S. economy’s downside risks outweigh its upside potential, but that he doesn’t favor raising interest rates yet. “I think the outlook has stabilized — if anything firmed,” Kaplan said in remarks to reporters […]