Fed's Kaplan Says Too Soon to Make Judgement on Rate Cut Call

The transcript discusses the potential for rate cuts in response to heightened trade tensions and economic indicators. The speaker emphasizes the importance of being vigilant and patient, considering investor expectations and economic trends. They highlight the current neutral stance and the possibility of adding stimulus if necessary. The influence of market volatility and the need to avoid overreacting to market changes are also discussed.

What does the speaker mean by being in the 'watch and wait camp'?

How does the speaker view the influence of market pressures on rate decisions?