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Fed’s Kaplan: Not worried that raising rates three more times would invert the yield curve

Additional comments from  Dallas  Fed  President Robert Kaplan is now crossing the newswires.

Key quotes (via Reuters)

  • Fedd is still accommodative, needs to get to neutral rate of 2.5 pct to 2.75 pct.
  • Not worried that raising rates three more times would invert the yield curve.
  • Inverting the yield curve would be a worry, because it could impede credit growth.
  • A flat yield curve is not necessarily alarming.

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