Name: Robert S. Kaplan
Summary: Fed's Kaplan: four hikes not a sure thing in 2016: "Four U.S. interest-rate hikes are "not baked in the cake" for the Federal Reserve this year, particularly given global stock market volatility set off by fears over a cooling Chinese economy, a top Fed official said on Monday... Kaplan said he is not sure there will be enough economic data before the Fed's next policy meeting in late January to justify raising rates then, but "between now and March I think there will be.""
Substantially Similar to Prior Statements: No
Statement Date: January 11, 2016
Publication Date: January 11, 2016All Members All Statements