More from Kappers
- Looking at jobless rate for evidence of inflation
- Has a bias towards normalisation of policy (a hawkish slant then)
- Too soon to say whether 4 rate rises will be justified this year
- Raising rates brings resistance and comes with risks
- Oil price slump has helped consumers and car sales
- Energy has been a big part of the high yield bond market
- Wants Fed policy on a normal footing if we can
By and large, for hikes, he sounds happy to go or wait when necessary
