Federal Reserve Bank of Dallas President Robert Kaplan reiterated Tuesday his support for the central bank holding off for now on further rate rises and said changes in its balance sheet drawdown should be on the table as well. “We should take no further action on the federal-funds rate until there is greater clarity regarding a number of uncertainties relating to the economic outlook and development of financial conditions,” Mr. Kaplan said in an essay published by the Dallas Fed.

Source: Wall Street Journal February 05, 2019 18:00 UTC