Fed will be patient on U.S. policy given global risks: Kaplan
By Jason Lange and Jonathan Spicer NEW YORK (Reuters) - The Federal Reserve needs more time to assess how global economic weakness and financial market turmoil will hurt the U.S. economy, and it will be patient about policy decisions, a Fed policymaker said on Friday. In an interview with Reuters, Dallas Fed President Robert Kaplan offered his assessment of the central bank's decision on Wednesday to leave interest rates unchanged and to acknowledge that it was closely watching global financial
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