Fed's Kaplan: three rate hikes is a reasonable good base case him

Fed's Kaplan has been hitting the wires while speaking at the Board of Trade Event in Vancouver.

• Fundamental, political and economic wrap: dollar squashed by declining US yields

Key comments so far (Livesquawk):

Fed’s Kaplan: We will make some progress this year on inflation.
Fed’s Kaplan: Businesses still lack pricing power.
Fed's Kaplan: Not seen tight labour market fan higher wages yet.
Fed's Kaplan: US labour market is getting very tight.
Fed's Kaplan: Sees U.S. GDP growth around 2.5%-2.75% in 2018.
Fed's Kaplan: Says he would give the U.S. Economy A B+ or A -, with a weaker grade after this year.
Fed's Kaplan: Markets are pricing in two and a quarter rate hikes;
Fed's Kaplan: Three rate hikes is a reasonable good base case him.
Fed’s Kaplan: Fed should gradually, patiently remove accommodation.