Kaplan: Fed Can Delay Rate Hike

Robert Kaplan, a former Dallas Fed president and current Goldman Sachs vice chairman, has indicated that the Federal Reserve might delay its next rate hike. His comments come amid ongoing economic uncertainty, suggesting the central bank could take a more measured approach. Kaplan emphasized the importance of monitoring economic data closely before making any decisions on interest rates. This stance reflects a cautious outlook, aligning with recent signals from other Fed officials. The potential delay could signal a shift in the Fed's tightening cycle, influencing market expectations for future monetary policy.