Fed's Kaplan: There's a worry about small businesses failing in aftermath of Hurricane Harvey

Dallas Fed President Kaplan (voter, centrist) is speaking in a moderated question-and-answer session in El Paso, Texas, with key quotes (via Reuters) found below:

  • After Hurricane Harvey will need rebuilding, about half of construction workers in Houston are undocumented
  • There's a worry about small businesses failing in aftermath of Hurricane Harvey
  • Much of the $75 billion to $100 billion in losses from Hurricane Harvey may be uninsured
  • Trade with Mexico allows firms to keep more factories, jobs in the U.S.

Fitch: Catalonia's secession from Spain is very unlikely

"The confrontational nature of the vote on Catalonia independence has increased near-term political risks," Fitch Ratings said in a recently published
Mehr darüber lesen Previous

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.
Mehr darüber lesen Next