Fed's Kaplan says market correction healthy, sees no economic impact

Reuters

Published Feb 07, 2018 06:19AM ET

Fed's Kaplan says market correction healthy, sees no economic impact

FRANKFURT (Reuters) - The recent selloff on the stock markets is a "healthy" correction from high valuations, Dallas Fed President Robert S Kaplan said in Frankfurt on Wednesday, adding he did not think it would have repercussions on the economy.