Fed’s Kaplan isn’t looking for a pause in rate hikes

Omkar Godbole FXStreet Contributor

Federal Reserve Bank of Dallas President Robert Kaplan calls three rate hikes as a reasonable base line and balance sheet trimming as an appropriate step in the future.

Key quotes

Fed should trim balance sheet in a gradual and predictable way

Fed should let both MBS and Treasuries to run off balance sheet

Anything that would imperil healthy US consumer would pose a risk to economic outlook

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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