Fed's Kaplan now crossing the wires: expects 3 rate hikes 2018
|After some comments swooping on from his associates, (Fed speak: Bostic and Kashkari making key comments), Fed's Kaplan has been crossing the wires as well while repeating view that he expects 3 rate hikes this year and more next year.
- Fed Kaplan says he does not want to create an inversion in the yield curve.
- Fed’s Kaplan says he does not see inflation running away even though we will see wage pressures.
- Fed's Kaplan says cannot cut immigration and also grow GDP and workforce.
About Robert Steven Kaplan
Robert Steven Kaplan has served as the thirteenth president and CEO of the Federal Reserve Bank of Dallas since September 8, 2015. He represents the Eleventh Federal Reserve District on the Federal Open Market Committee in the formulation of U.S. monetary policy and oversees the 1,200 employees of the Dallas Fed.
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