Dallas Fed head Kaplan speech
(prepared text prior to Brexit counting)
Headlines via Reuters
- Repeats call for removing accommodation in gradual, patient manner
- Prepared remarks omit recent promise to 'advocate' for US interest rate hike
- Says continues to expect 2 pct US GDP growth
- Confident inflation will reach Fed's 2-pct goal over medium term
- Says monetary policy less effective than other policies with rates near zero
- Says US needs structural, fiscal policies to boost growth