Dallas Fed's Kaplan: US economy approaching full employment

Author: Greg Michalowski | Category: Central Banks

Speaking on Fox business network

He adds:
  • US government Debt/GDP is historically high
  • Take care not to increase debt to GDP level
  • He's actively considering next steps on policy
  • Structural headwinds are muting inflation
  • US 10 year yields reflect pessimism on future growth
  • Jerome Powell will be superb leader of Fed
  • A change in Fed leadership is a chance to review practices