Fed’s Kaplan: I want to see more evidence on inflation before hiking again




Fed’s Kaplan:

  • I want to see more evidence of progress toward inflation goal before raising rates again
  • Can be patient on rate hikes since the neutral rate is closer to 2% than 3%
  • «I want to see more evidence on hitting inflation target»
  • «I’m willing to be patient now» I want to see progress

Could be a long wait.



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