Kaplan: Fed can be patient on rates

Fed's Kaplan, who is a non-voting member, has said that the Fed can be patient on rates

Key comments:

• Fed can the Ford to be patient for the time being.
• They are watching very carefully held trade tensions unfold.
• rate setting for the moment is at the right point.
• lack of pricing power is pressuring business margins.
• agnostic about whether the next Fed move is up or down.