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06.05.2016 21:46

Dallas Federal Reserve President Robert Kaplan will support an interest rate hike June or July if the U.S. economy continues to improve

Dallas Federal Reserve President Robert Kaplan said in an interview with The Wall Street Journal on Thursday that he would support an interest rate hike June or July if the U.S. economy continued to improve.

"I will be advocating we take further action in June or July," he said.

Kaplan noted that Britain's referendum on the membership in the European Union would have impact on the Fed's interest rate decision in June.

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