Fed's Kaplan: Base case should be three hikes this year

Dalls Fed president Robert Kaplan speaks in an interview with WSJ

• The economy is going to be strong in 2018
• Stronger expansion, fiscal stimulus should support case for rate hikes
• Strong conviction for three hikes this year
• If wrong, could potentially be more than that
• Inverted yield curve is something worth worrying about
• Doesn't think the Fed's tightening path will lead to an inverted yield curve
• Best is to move gradually but deliberately remove accommodation

Some comments by Kaplan on the Fed's tightening path. He also made similar comments here last week. Nothing new in that regard.

Kaplan is not part of the voting board this year though - in case you need a reminder that is.