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Fed Getting Closer to Neutral Rate, Says Goldman's Kaplan
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Why This Matters
Goldman Sachs' Robert Kaplan believes the Federal Reserve is nearing its neutral interest rate of 3.50-3.75%, suggesting potential rate cuts this month to align with the 2% inflation target.
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Article Context
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Former Dallas Fed President and Goldman Sachs Vice Chair Robert Kaplan says the Federal Reserve is getting closer to its neutral rate of between 3.50% and 3.75%. Kaplan says he would cut interest rates this month and it's important for the Fed to get as close as it can to its target of 2% inflation. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Original article published by
Bloomberg
on October 28, 2025.
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