Federal Reserve Bank of Dallas

Federal Reserve Bank of Dallas President Rob Kaplan said Tuesday he expects gradual rate hikes will remain appropriate.

Texas service sector activity “picked up slightly in September.”

Texas factory activity, as measured by the production index, “continued to increase in September,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Texas service sector activity “continued to reflect expansion in August, albeit at a slightly slower pace,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slid to 14.2 from 15.7.

A successful Federal Reserve chair must be a respected analyst of the economy able to forge a consensus among colleagues, Dallas Fed President Robert Kaplan said.

While claiming he will keep an open mind, Federal Reserve Bank of Dallas President Rob Kaplan reiterated he would like to see inflation rise before the next rate hike.

Texas service sector activity “continued to reflect expansion in June albeit at a slightly slower pace,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index slid to 14.8 from 15.9.

Texas factory activity, as measured by the production index, “increased in June,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.

Texas service sector activity “increased in April, albeit at a slower pace than in March,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey.

Texas factory activity, as measured by the production index, “increased for the 10th consecutive month in April,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.