Head of the Dallas Fed Robert Kaplan,
- Fed should be taking steps to remove additional amounts of accommodation
- Fed should raise rates sooner than later
- Fed can raise rates in gradual, patient manner
- Raising rates sooner will reduce likelihood fed will be behind curve on inflation
- Sees further scope for job growth without overheating economy
- Expects inflation to reach 2.0 pct in medium term
- Says as Fed raises rates it should start discussion of how to reduce balance sheet
Comments posted to the Dallas Fed's website
Headlines via Reuters