Fed’s Kaplan – Fed Wants to Normalize Rates as Fast as Possible
Dallas Fed President, Robert Kaplan in an interview with the WSJ, said the central bank wants to normalize rates as fast as it can, but understands the need to be patient and gradual.
Fed needs to keep raising short term rates to diminish risks to the economy and markets of excessive accommodation.
Looking for more evidence that inflation will firm.
(Market News Provided by FXstreet)