Fed's Kaplan: Any move in inflation above Fed target to be gradual

Additional comments from Dallas Fed President Robert Kaplan continue to cross the wires with key quotes, via Reuters, found below.

• Any move in inflation above Fed target to be gradual.
• Sees unemployment in mid 3pct range or lower by end-2019.
• Does not expect ‘sudden or substantial’ US inflation rise; conflicting factors hitting bonds prices.
• Notes that risks to policy path balanced, depends primarily on fading us fiscal stimulus.