Fed's Kaplan sees inflation pressures building in 2018

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

AUSTIN, Texas, Feb 2 (Reuters) - The U.S. economy will show further signs of inflation pressure in 2018 and the Federal Reserve should continue raising interest rates, Dallas Federal Reserve President Robert Kaplan said on Friday.

"You will see some inflation pressure this year," Kaplan said told a conference in Austin, Texas. "I believe that the Fed should be removing accommodation gradually but deliberately."


(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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