Comments from the Dallas Fed President
- Says he's mindful of Fed getting behind the curve
- Says he backs rate hike in near future
- Wants to avoid a situation where the Fed plays catch up
- Low stock market volatility is extraordinarily unusual
- Hikes overall should be gradual and patient
Hawkish stuff from a guy who hasn't been especially hawkish. That said, he's still talking about gradual and patient.
Kaplan is a voter now but he won't be next year.