Fed's Kaplan speaks in Austin, Texas Sept 9, 2016

In his previous appearance on Aug 25, Kaplan also said the Fed can afford to be patient on rate hikes.

Other comments:

  • US rate hike path will be very shallow, very flat
  • Markets have gotten plenty of notice the Fed is looking for an opportunity to raise rates
  • Sees frustratingly slow progress on inflation
  • Case for rate hike has strengthened in last several months
  • Economy does not look like it's overheating
  • Declines to comment on when he prefers to raise rates

Kaplan is a voter in 2017.