Fed's Kaplan says he is more confident three hikes needed this year

By Kitco News / February 02, 2018 / www.kitco.com / Article Link

AUSTIN, Texas, Feb 2 (Reuters) - Dallas Federal Reserve President Robert Kaplan said on Friday that he has grown more confident the U.S. central bank will need to raise rates three times this year.

"I think I feel more strongly that it should be three," Kaplan told reporters in Austin, Texas, adding that employment data released earlier in the day was consistent with his views on the U.S. outlook.


(Reporting by Jon Herkovitz in Austin; Editing by Chizu Nomiyama)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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