Fed's Kaplan sees two more rate increases in 2017

WASHINGTON (Reuters) - Dallas Federal Reserve Bank President Robert Kaplan on Thursday said he expects two additional interest rate increases this year, a view that is in line with the majority of Fed policymakers.

The Fed has already raised rates once this year, at a policy meeting earlier this month, and Kaplan told a business forum in Washington that three hikes for the entire year was a good "base case" outlook.

(Reporting by Jason Lange; Editing by Chizu Nomiyama)

You May Also Be Interested In

• Daly Says These Factors Could Keep Inflation Elevated - Axios
• Fed's Williams: No Need For Urgency After Sept. Rate Increase
• Fed’s Kashkari leaves door open for higher rates amid inflation battle - Bloomberg