trending Market Intelligence /marketintelligence/en/news-insights/trending/psclbs-ncjee03hdlag97a2 content esgSubNav
In This List

Kaplan: 3 rate hikes reasonable, despite markets' speculation of more

Blog

Banking Essentials Newsletter 2021: December Edition

Blog

Automating Credit Risk Surveillance Using Statistical Models

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling


Kaplan: 3 rate hikes reasonable, despite markets' speculation of more

Dallas Federal Reserve President Robert Kaplan said Feb. 22 it would be reasonable for the Fed to raise interest rates three times in 2018, countering the idea from some investors that the central bank may opt for more, Reuters reported.

Some analysts have reacted to recent data showing inflation strengthening by upping their predictions of Fed rate hikes this year to four or even five, but Kaplan said at an event in Vancouver that the recent market moves have not substantially shifted his outlook, Reuters noted.

Kaplan is not a voting member on the Federal Open Market Committee this year.