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Robert Kaplan, Dallas Fed President, To Retire Oct. 8 - Bloomberg

Two regional Federal Reserve presidents are retiring following embarrassing revelations of stock trading last year, removing a couple of the central bank’s more hawkish officials as it calibrates withdrawing pandemic policy aid.

Boston Fed chief Eric Rosengren and Dallas’s Robert Kaplan on Monday separately announced plans to step down. Rosengren will depart later this week and Kaplan on Oct. 8.

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