Federal Reserve Bank of Dallas President Robert Kaplan said Tuesday he was one of a small group of Fed officials who expect the central bank to raise interest rates next year, while another policy maker, James Bullard of the St. Louis Fed, said he expects no change in rates through 2023.

Referencing the Federal Reserve’s latest “dot plot” chart that maps officials’ individual views on the outlook for monetary policy, Mr. Kaplan said in an interview on CNBC that “there were some dots starting increases in 2022, and, you know,…

This post first appeared on wsj.com

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