Dallas Federal Reserve Bank President Robert Kaplan said on Tuesday that the US Federal Reserve's monetary policy is one reason for rising asset values and added that he is worried about excess risk-taking, as reported by Reuters.
"Number one determinant of interest rates globally is prospects for future growth."
"A little higher rate because of more optimistic growth rates might be a good thing."
"Will see higher inflation readings than we are used to; will settle down to 2.25% by year-end."
"Jury is out on inflation outlook, watching inflation very carefully."
The US Dollar Index showed no immediate reaction to these comments and was last seen gaining 0.32% on the day at 91.27.
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.