Fed’s Kaplan: Two to three additional rate hikes may occur by June 2019

FX Street

Published date: 19 Oct. 2018 | 19:18

Additional comments from Dallas Fed President Robert Kaplan continue to cross the wires.

Key quotes (via Reuters)

Inflationary pressure is building but won’t run away due to technology, globalization.
He assesses currently Fed policy as modestly accommodative.
He sees two to three more rate increases would move the Fed to a neutral stance.
Two to three additional rate hikes may occur by June 2019.

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