Dallas Fed head.
Back on May 30th he said:
- Sees 2 more rate hikes in 2017 (we've seen one last week).
- Sees winding down of balance sheet but it "should be done gradually and patiently"
- Skeptical about 3 growth but thinks 2% is doable.
- Labor force growth is slowing
- Warned that tax cuts financed by increasing the governments budget debt would be negative
Kaplan is a voting member on the Fed board this year.