Fed’s Kaplan: 'Prefer to Wait' on Giving More Rates Guidance

The transcript discusses traders' expectations regarding changes in forward guidance and economic projections. It emphasizes the need for clarity on the virus's impact before making any adjustments. The speaker prefers to maintain low interest rates for the foreseeable future and highlights the importance of restraint in decision-making.

What are traders primarily concerned about regarding the recent framework review?

• The impact on stock prices

• The effect on international markets

• Changes in forward guidance

• New trading regulations

What is the anticipated date for the next statement adjustment?

• November 5th

• October 10th

• September 16th

• August 15th

What does the speaker prefer to do before making any changes?

• Increase interest rates

• Wait for more clarity on the virus

• Implement new economic policies

• Consult with international partners

Why does the speaker emphasize restraint?

• To avoid market panic

• To align with international policies

• To ensure stability in economic projections

• To prevent inflation

What has already been communicated in the summary of economic projections?

• Interest rates will increase next year

• Interest rates will remain low for the rest of this year and next year

• New taxes will be introduced

• Economic growth will slow down