Fed's Kaplan: Case for hiking rates has strengthened in last few months

Dallas Fed's President Robert Kaplan is crossing the wires, via Reuters, during a speech in Austin, Texas, where he said that the case for hiking rates has strengthened in the last few months, but didn't comment about timing.

Key headlines (via Reuters)

• US rate hike path will be very shallow, very flat
• Markets have gotten plenty of notice the Fed is looking for an opportunity to raise rates
• Sees frustratingly slow progress on inflation
• Economy does not look like it's overheating
• Declines to comment on when he prefers to raise rates