Fed's Kaplan says his view of three rate hikes for 2018 as appropriate, but...
|Fed's Kaplan has been taking questions in a Q/E session after speaking at the Board of Trade Event in Vancouver and when asked about the market reaction to FOMC minutes, he said that the Fed is doing a reasonably good job of communicating.
- Fed's Kaplan: Says view of three rate hikes for 2018 as appropriate could change if employment, inflation exceed his forecasts.
- Fed's Kaplan: Says looking for evidence that market volatility is tightening financial conditions, doesn't see any now.
Fundamental, political and economic wrap: dollar squashed by declining US yields
About Fed's 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
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.