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Fed could get more positive after strong 2-3 months: Kaplan

Friday, June 24, 2016 - 09:09
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The Federal Reserve could shift its recently cautious tone on the US economy's prospects if economic data strengthens in the next two or three months, Dallas Fed President Robert Kaplan said on Thursday.

[NEW YORK] The Federal Reserve could shift its recently cautious tone on the US economy's prospects if economic data strengthens in the next two or three months, Dallas Fed President Robert Kaplan said on Thursday.

"If (the) next two or three months are strong, you might see something else," Mr Kaplan told a gathering of New York bond traders. He had been asked why, after a poor May jobs report, the US central bank this month appeared to shift its focus toward the dangers of weaker potential economic growth.

REUTERS