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

Author: Adam Button | Category: Central Banks

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.