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.