The market is pricing in too many Fed hikes, says the former Dallas Fed chief

The market is pricing in too many Fed hikes, says the former Dallas Fed chief The market is pricing in too many Fed hikes, says the former Dallas Fed chief Former Dallas President Robert Kaplan says the market is getting ahead of itself. The bond market is getting too aggressive in pricing in Federal Reserve rate hikes, a former central bank official says. Robert Kaplan, the former Dallas Fed president, told a Goldman Sachs podcast that the central bank was right to increase rates in September and would probably be right to increase them again in December but pause in October.

Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Fewer stocks are carrying the market than at any time since the dot-com peak ‘It doesn’t seem fair’: I’m retired and have plenty of money. Why can’t I qualify for a retail credit card?

Bond yields surge above 5% as Wall Street fears more Fed rate hikes ‘I don’t begrudge them their money’: My husband and I have friends who spend, spend, spend. Micron’s stock has become a ‘battleground’ as the AI narrative shifts Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage.

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