WASHINGTON, April 20 Dallas Federal Reserve
President Robert Kaplan said on Thursday that three interest
rate hikes this year remains possible but that the U.S. central
bank has the flexibility to wait and see how the economy
"The median for three rate increases this year...is still a
good baseline. If the economy develops a little more slowly,
then we can do less than that and if the economy is a little
stronger, we can do more than that," he said in an interview
with Bloomberg TV.
The Fed raised its benchmark interest rate by a quarter
percentage point at its March policy meeting.
(Reporting by Lindsay Dunsmuir)