Fed’s Kaplan says he has no problem with being ‘restrictive’

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(Reuters) – Dallas Federal Reserve Bank President Robert Kaplan on Monday said he expects the U.S. central bank to raise interest rates three times this year and further next year to levels that could put the brakes on U.S. economic growth, but that he does not want to push short-term rates above long-term borrowing costs.

from Reuters: Business News https://ift.tt/2H3AisS http://www.reuters.com

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