Kaplan says 2017 is going to be 'pretty strong'

  • Sees 2017 growth running a little more than 2%
  • We have a relatively tight jobs market, inflation nearing 2%

I wouldn't say "a little more than 2% growth" is "pretty strong".

More:

  • Slack in labor force is rapidly declining
  • We should hike sooner rather than later
  • Should be a little less accommodative as we go through the year if growth continues

Kaplan speaking in Houston. Some hawkish notes but that's his usual rhetoric.