Fed’s Kaplan: 'Prefer to Wait' on Giving More Rates Guidance

The transcript discusses traders' expectations regarding changes in forward guidance and economic projections. It emphasizes the need for clarity on the virus's impact before making any adjustments. The speaker prefers to maintain low interest rates for the foreseeable future and highlights the importance of restraint in decision-making.

How does the speaker feel about making changes to forward guidance?

What does the speaker indicate about the timing of future economic projections?