Back
17 Jan 2018
Fed's Kaplan: Need to move 'gradually, deliberately' to raise rates this year
Below are the additional remarks from the Dallas Fed President Robert Kaplan, as reported by Reuters.
Unemployment rate to fall below 4 pct this year.
Overshooting on employment makes him feel 'much more strongly' on rate hikes.
Tax cuts give him a lot more conviction that need to have three rate hikes this year.
Need to move 'gradually, deliberately' to raise rates this year.