Federal Reserve Dallas branch President Robert Kaplan speaking in an interview with Yahoo Finance.

  • Says Federal Reserve asset purchases had their purpose and their time, but no longer well-suited to the situation
  • housing market does not need any more support from the Fed
  • difficulty hiring workers could go on for a significant period of time, could impact prices

Kaplan has been vocal for months about the need to taper the Fed's QE program, but most recently seemed to dial back his rhetoric:

Today though, the less dovish FOMC members back on track

Coming up ... Federal Reserve System Chair Jerome Powell's highly-anticipated speech will be on Friday, August 27 at 10 am ET, which is 1400 GMT. also due from JH in just a few hours, around 7 pm US Central time (CT), which is 8 pm US ET and 0000 GMT