Fed's Kaplan: Want to see more evidence of stronger inflation before hiking rates again
|Dallas Fed President Robert Kaplan continues to give his remarks about the monetary policy at a Q&A session in Dallas, with the key quotes, via Reuters, found below:
- Want to see more evidence of stronger inflation before raising rates again
- Very comfortable with current level of Fed funds rate
- Still open to the theory that recent inflation weakness is transitory
- Want to see more data, be patient to see how secular forces are affecting inflation
- Fed should begin letting the balance sheet run off before the end of the year
- Will be very patient about making another rate hike
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