• Dallas Fed President Robert Kaplan: the U.S. economy is strong enough for further interest rate hikes in the near future

Market news

18 May 2016

Dallas Fed President Robert Kaplan: the U.S. economy is strong enough for further interest rate hikes in the near future

Dallas Fed President Robert Kaplan said on Tuesday that the U.S. economy was strong enough for further interest rate hikes in the near future, adding he would support an interest rate hike at next monetary policy meetings.

"Whether that's June or July, I can't say right now," he said.

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

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