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Fed must monitor 'overheating' in wake of U.S. tax cuts: Kaplan

Reuters  |  DALLAS 

(Reuters) - The Federal Reserve must be wary of the "risk of overheating" the in the wake of sweeping cuts that could raise already unsustainable debt levels even while they boost business investment, Robert said on Wednesday.

"We want to avoid a situation where we have such an that we're playing catch up," said at a business event. The cuts are in part a concern, he said, "because I think debt levels of the country are unsustainable."

(Reporting by Lisa Maria Garza; Writing by by Chizu Nomiyama)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 10 2018. 21:07 IST