Fed's Kaplan: Healthy to begin shedding U.S. bond holdings

Dallas Fed President Robert Kaplan is out on the wires, with the key quotes, via Reuters, found below:

• Want to see more evidence of progress toward inflation goal before raising rates again
• 'Patient' on rate hikes since 'neutral rate' closer to 2 pct than 3 pct
• Should 'make sure' to understand U.S. inflation data before taking 'next step' on rate hikes
• Expects Fed to make balance sheet announcement 'soon'