Dallas Fed President Robert Kaplan: the Fed should be patient on further interest rate hikes

Market news

4 February 2016

Dallas Fed President Robert Kaplan: the Fed should be patient on further interest rate hikes

Dallas Fed President Robert Kaplan said on Thursday that the Fed should be patient on further interest rate hikes as financial conditions tightened.

"Financial conditions have tightened, and we know that non-U.S. growth is weakening, and I have got to take that into account as a policymaker," he said.

Kaplan is not a voting member on the Federal Open Market Committee (FOMC) this year.

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