19 Oct 2018
Fed's Kaplan: US economy is "basically" meeting Fed's dual mandate on employment, inflation
Dallas Fed President Robert Kaplan is now crossing the wires with key quotes, via Reuters, seen below.
- U.S. economy is "basically" meeting the Fed's dual mandate on employment, inflation.
- Skeptical about further U.S. Wage growth from current levels.
- U.S. Economy will be well-served to reform immigration rules similar to those in Canada.
- Not so worried about a financial crisis, imminent recession due to a strong consumer sector.