Fed's Kaplan: Fed will be patient, thoughtful, not overreact

Robert Kaplan, president of the Federal Reserve Bank of Dallas, is saying that the Fed will be patient, thoughtful, not to overreact on monetary policy.

Headlines

Smartest way for Fed to behave is to take things gradually and patiently

We are wise to take this carefully, patiently

You'll see us be patient, thoughtful, and not overreact

On the other hand, I'm not a fan of telegraphing exactly what fed will do or might do