Fed's Kaplan: Healthy to begin shedding U.S. bond holdings

Dallas Fed President Robert Kaplan is out on the wires, with the key quotes, via Reuters, found below:

  • Want to see more evidence of progress toward inflation goal before raising rates again
  • Fed key rate closer to 'neutral,' should be patient on inflation
  • Should 'make sure' to understand U.S. inflation data before taking 'next step' on rate hikes
  • Expects Fed to make balance sheet announcement 'soon'

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