Back to mobile site

Kaplan says Fed nominee Goodfriend 'outstanding'

November 30, 2017 2:44 PM EST

Dallas Federal Reserve Bank President Robert Kaplan walks after the True Economic Talks event in Mexico City, Mexico, July 14, 2017. REUTERS/Edgard Garrido

DALLAS (Reuters) - The newest nominee to the Federal Reserve's powerful Board of Governors, Marvin Goodfriend, is "an outstanding person" who would join other accomplished policymakers at the U.S. central bank, Dallas Fed President Robert Kaplan said on Thursday.

U.S. President Donald Trump on Wednesday nominated Goodfriend, a well-known monetary economist and professor at Carnegie Mellon University, to become a Fed governor. Asked about the appointment by reporters, Kaplan said he generally expects "divergent views" within the policy-setting Federal Open Market Committee.

(Reporting by Lisa Maria Garza, writing by Jonathan SpicerEditing by Chizu Nomiyama)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Fed, General News, Reuters

Related Entities

Donald J. Trump, Federal Open Market Committee