Statement

Name: Robert S. Kaplan

Summary: Dallas Fed chief Robert Kaplan urges caution on rate rises: "Now was a time for patience as the Federal Reserve seeks to understand the impact of financial market turbulence and slowing growth in other economies, said Mr Kaplan, who does not vote on Fed rates this year but takes part in the debate. “In order to reach our inflation objective we may need to be more patient than we previously might have thought,” he said. “If that means we take an extended period of time where we stop and don’t move, that may also be necessary. I am not prejudging that.”" (It is not clear on which date this interview took place.

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: February 23, 2016

Publication Date: February 23, 2016

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