Dallas Federal Reserve Bank President Robert Kaplan
- Says looking for evidence that market volatility is tightening financial conditions, doesn't see any now
- Asked about market reaction to FOMC minutes, says Fed is doing a reasonably good job of communicating
- Says view of three rate hikes for 2018 as appropriate could change if employment, inflation exceed his forecasts
Yep, he is still going, these from earlier:
- Even MOAR Kaplan: Watching for fin mkt volatility spillover into tightening conditions
- More Kaplan: Fed should gradually, patiently remove accommodation
- Fed's Kaplan: sees US GDP growth around 2.5%-2.75% in 2018
Not many people know this, but in tryouts for receiver with the Dallas Cowboys Kaplan didn't make it. Too many incompletes. And he kept sitting down in a big chair.