Additional comments from Dallas Fed President Robert Kaplan continue to cross the wires with key quotes, via Reuters, found below.
- U.S. inflation, which is running below the Fed’s 2 pct goal, allows policy makers to be patient.
- Not committed to Fed’s next policy move, await incoming economic data.
- Adaptation of any new inflation framework must be credible.
- U.S. economy more sensitive to interest rate changes than ever before due to high levels of public and private debt.