Kaplan: Fed Should Act by Fall If Inflation Persists

Robert Kaplan, a former Dallas Fed president and current vice chairman of Goldman Sachs, says the Fed will be under pressure to deliver price stability if inflation prints don't cool...

By Bloomberg Markets · Bloomberg Markets

Robert Kaplan, a former Dallas Fed president and current vice chairman of Goldman Sachs, says the Fed will be under pressure to deliver price stability if inflation prints don't cool over the summer. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)