Kaplan speaks in Washington

Dallas Fed's Kaplan (voter in 2017) is speaking in a moderated Q&A discussion at the US chamber of Commerce annual capital markets summit.

If there are more comments, will add them below for good order.

  • US Mexico relationship has added new jobs to US
  • Weaker pound is a shock absorber for the UK economy
  • World Will have to get used to lower growth levels in China
  • Slowing China will make world vulnerable to financial instability
  • Worries about workforce growth nationwide
  • Migration helps boost workforce growth in Texas
  • Three hikes in 2017 is a good base case outlook for the Fed
  • Don't want to mix interest rates up with Fed balance sheet
  • Interest rates should be Feds primary policy tool