Fed's Kaplan sees two more rate increases in 2017
WASHINGTON (Reuters) - Dallas Federal Reserve Bank President Robert Kaplan on Thursday said he expects two additional interest rate increases this year, a view that is in line with the majority of Fed policymakers.
The Fed has already raised rates once this year, at a policy meeting earlier this month, and Kaplan told a business forum in Washington that three hikes for the entire year was a good "base case" outlook.
(Reporting by Jason Lange; Editing by Chizu Nomiyama)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump approval at 33%, lowest of his presidency - Reuters/Ipsos
- Yen Extends Decline, Erasing Half Of Intervention Gains - Bloomberg
- CPI (Jul MoM) 0.1% vs 0.1% Expected; Ex-food and Energy 0.2% vs 0.2%
Create E-mail Alert Related Categories
Fed, Forex, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share