- Analytics
- News and Tools
- Market News
- Dallas Federal Reserve President Robert Kaplan could vote for an interest rate hike in June or July if the U.S. economy continues to improve
Dallas Federal Reserve President Robert Kaplan could vote for an interest rate hike in June or July if the U.S. economy continues to improve
Dallas Federal Reserve President Robert Kaplan said on Friday that he could vote for an interest rate hike in June or July if the U.S. economy continued to improve, adding that the Fed should rise its interest rate gradually.
"As we continue to make progress in achieving our dual mandate, I will advocate that we take actions to remove some amount of accommodation. However, I will also advocate that we take these steps in a gradual and patient manner," he said.
"We will see what meeting, whether that means June or July or what else," Kaplan noted.
Kaplan is not a voting member of the Federal Open Market Committee (FOMC) this year.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
