Fed's Kaplan: We are going to have to look hard if we should raise rates in December

Additional headlines from Dallas Fed President Kaplan are crossing the news wires, with key quotes (via Reuters) found below:

• U.S. GDP will grow 2.25 pct this year, or a little bit faster
• Do not see a recession in 2017 or 2018
• Don't have a lot of labor slack in the united states
• Cyclical inflation pressures are building, but structurally there are headwinds
• Would not be surprising to see inflation muted
• We've got room to raise rates but not as much as people might think
• We are going to have to look hard if we should raise rates in December