Robert Kaplan, president of the Federal Reserve Bank of Dallas speaking at an event in Dallas
- Repeats that he expects 2.25% economic growth for the US this year, which will be enough to send the unemployment rate down
More:
- Hard to grow GDP without growing the work force
- Immigration is a central competence of the US
- Job losses today unlikely to do with trade or immigration
More:
- Says again that the Bank should begin trimming back the balance sheet as soon as we can
- Neutral Fed Funds rate is much closer to 2.25% than it is to 3%
Was very much looking forward to chowing down on his Footlong from Subway but, tragically,it slipped from his grasp