Fed's Kaplan: Expects 1.9% US GDP growth in 2016

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Robert Kaplan, president of the Federal Reserve Bank of Dallas, is crossing the wires, noting that he expects 1.9% US GDP growth this year.


    Expects 'some period of time' before meet inflation target

    Federal Reserve should be patient, gradual about rate hikes

    It is important to remove some accommodation gradually, because of costs of near-zero rates

    Sees a sustained, cautious, gradual path of Fed rate hikes
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