Name: Robert S. Kaplan

Summary: Fed's Kaplan calls for patience; traders see no 2016 rate hikes: "The Federal Reserve should be "patient" on interest rate increases, the new chief of the Dallas Federal Reserve Bank said on Thursday, joining a growing chorus of U.S. central bankers signaling rates may stay low for longer. "This is a time for patience and analysis, and really assessing data, because there has been some slowing," Robert Kaplan told reporters after speaking before the Real Estate Council in Dallas. "Certainly 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.""

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: February 4, 2016

Publication Date: February 4, 2016

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