Statement

Name: Robert S. Kaplan

Summary: Fed's Kaplan Says FOMC Can Take Its Time to Weigh Policy Move: "Federal Reserve Bank of Dallas President Robert Kaplan said recent inflation readings were encouraging, but urged patience in judging the ramifications of turbulent financial markets for the timing of the next interest-rate increase. “One of the things that you have as an asset is time,” he told reporters Wednesday after delivering remarks at an event in Dallas. “For me, I would like to take more time.”"

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: February 24, 2016

Publication Date: February 24, 2016

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