Robert Kaplan is head of the Federal Reserve Bank of Dallas, his earlier remarks are here: Fed's Kaplan: Baseline view is still 3 rate hikes in 2017

  • Sees balanced risks to his view that three rate hikes are appropriate this year
  • Says very cognizant inflation pressures have been 'more muted,' watching carefully
  • Repeats view that rate hikes should be gradual, patient
  • Don't want to raise rates so fast it impedes growth

Headlines via Reuters

If the Kap fits ...

(I'll get my coat)

more to come