Fmr. Dallas Fed Pres. Kaplan: Expect a wide divergence in the Fed's summary of economic projections
Youtube·2025-09-17 21:47
Right now we're joined by uh Goldman Sachs, Goldman Sachs vice chairman Rob Kaplan, who's also a former Dallas Fed president. And uh Rob, what do you think about that. Just Steve's point in particular about the Fed's mortgage portfolio, what you think should be done with it.Yeah. Well, several years ago when the Fed was buying treasuries and mortgage back securities, you we discussed back then the Fed's footprint in the mortgage market was getting very very large and it was becoming a big factor and u I thi ...