Fed's Kaplan says his view of three rate hikes for 2018 as appropriate, but...

Fed's Kaplan has been taking questions in a Q/E session after speaking at the Board of Trade Event in Vancouver and when asked about the market reaction to FOMC minutes, he said that the Fed is doing a reasonably good job of communicating.

• Fed's Kaplan: Says view of three rate hikes for 2018 as appropriate could change if employment, inflation exceed his forecasts.
• Fed's Kaplan: Says looking for evidence that market volatility is tightening financial conditions, doesn't see any now.

Fundamental, political and economic wrap: dollar squashed by declining US yields

About Fed's Kaplan:

Robert Steven Kaplan has served as the thirteenth president and CEO of the Federal Reserve Bank of Dallas since September 8, 2015. He represents the Eleventh Federal Reserve District on the Federal Open Market Committee in the formulation of U.S. monetary policy and oversees the 1,200 employees of the Dallas Fed