Dallas Fed President Robert Kaplan would support an interest rate hike in the “near future”

Market news

26 May 2016

Dallas Fed President Robert Kaplan would support an interest rate hike in the “near future”

Dallas Fed President Robert Kaplan said on Wednesday that he would support an interest rate hike in the "near future" if the U.S. economy continued to improve.

"That may not be June or July," he added.

Kaplan noted that the referendum on Britain's membership in the European Union may weigh on the Fed's interest rate decision in June.

Standard & Poor’s: Britain’s exit from the European Union could have a negative impact on the pound as an international reserve currency

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