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Dallas Fed President Robert Kaplan said on Monday that an interest rate hike in April was unlikely as the Fed needed more time to analyse the economic data. He added that he could vote for an interest rate hike in June if the U.S. economic data was strong.
Dallas Fed president noted that he would closely watch the GDP and labour market data.
Kaplan is not a voting member of the Federal Open Market Committee (FOMC) this year.
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