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Fed’s Kaplan: Any move in inflation above Fed target to be gradual

Additional comments from Dallas  Fed  President Robert Kaplan continue to cross the wires with key quotes, via Reuters, found below.

  • Any move in inflation above Fed target to be gradual.
  • Sees unemployment in mid 3pct range or lower by end-2019.
  • Does not expect ‘sudden or substantial’ US inflation rise; conflicting factors hitting bonds prices.
  • Notes that risks to policy path balanced, depends primarily on fading us fiscal stimulus.

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