Dallas Fed Chairman Robert Kaplan it said Thursday that there is an upside risk in its inflation forecast of 3.4% this year and 2.4% next, Reuters reported.
Kaplan also noted that demand is strong, adding that he expects it to remain strong.
Market reaction
These comments do not appear to have a noticeable impact on the performance of the dollar against its main rivals. At time of writing, the US Dollar Index was posting small daily gains at 91.82.
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