Fed's Kaplan: I use M&A activity to judge strength of cyclical inflation

Kaplan continues to hint that he will do whatever he's told - Repeats that he has an open mind about December hike - Needs to see evidence that cyclical upward inflation pressure will offset structural downward pressure That comment on M&A is out there. I'd like to see the stats to back that up, and then I'm going
Fed's Kaplan: I use M&A activity to judge strength of cyclical inflation