Additional comments from Dallas Fed President Robert Kaplan continue to cross the wires as he speaks in an interview with Fox Business.
Key quotes (via Reuters)
- Expect solid, 2.25-2.50% growth rate for U.S. economy this year.
- See inflation gravitating up to Fed’s 2% goal.
- Fed policy is at the right setting, urges patience on rates.
- Want to avoid creating excesses, imbalances in the economy.