I do believe that the effort to 'normalize' monetary policy is important and that excessive accommodation has a cost in terms of creating distortions in investing, hiring and other decisions which can create unhealthy imbalances. Robert Kaplan More Quotes by Robert Kaplan More Quotes From Robert Kaplan If it was appropriate to take action, the best argument for me of why to do that is the shape of the curve. Robert Kaplan business I am not saying we are never going to raise rates again, i am saying we should not be taking any action now, in my opinion, for certainly the first couple of quarters. And I reserve the right to change my mind. Robert Kaplan business I may not have as big a megaphone, but I foreshadowed this. Robert Kaplan business I was concerned coming out of the December meeting that maybe we weren't in the right place, or we weren't communicating the appropriate stance. I think to our credit, we rectified that. Robert Kaplan business As we continue to make progress in achieving our dual mandate, I will advocate that we take actions to remove some amount of accommodation, i will also advocate that we take these steps in a gradual and patient manner. Robert Kaplan top-news You've got a dramatic decrease in the soluble lead. What we're seeing though is particulate lead, which indicates that the system is unstable. Robert Kaplan environment If we don't have an extremely simple message, as in free water, you will not be charged for the water that you use that is related to this flushing, I'm afraid we're not able to get that lead washed out of the system. Robert Kaplan environment I'd say the banks in our sector are, overall, handling this - given the level of stress, which is high - they are handling this reasonably well. Robert Kaplan company-news There's no substitute for time in assessing economic data as it unfolds. Robert Kaplan business
