Dallas Federal Reserve Bank President Robert Kaplan, a supporter of the U.S. cen...
FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan gestures during a news conference after of the True Economic Talks event in Mexico City, Mexico, July 14, 2017. REUTERS/Edgard Garrido
In an essay prepared for released at a Hoover Institution conference on monetary policy, Kaplan said he expects U.S. gross domestic product to grow at about 2.25 percent this year, a slower pace than last year but still fast enough to tighten labour markets further and modestly boost wage growth. Instead, Kaplan said that low inflation readings could simply be a byproduct of structural changes in the economy, for instance as technology companies like Amazon and Lyft deliver goods and services at lower prices, and companies seek mergers to gain market clout and economies of scale. Such a view suggests that low inflation could persist.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Fed's Kaplan says inflation forces remain muted, economy running out of workersRobert Kaplan, president of the Federal Reserve's Dallas district, said low inflation is here to stay.
Weiterlesen »
Opinion | Stephen Moore wants people to pay more attention to his economic policies. Challenge accepted.Opinion: Stephen Moore wants people to pay more attention to his economic policies. Challenge accepted.
Weiterlesen »
GOP leaders see Stephen Moore’s past catching up with himSenate Majority Whip John Thune said the Fed hopeful’s controversial comments will test Republican support.
Weiterlesen »
Stephen Moore in peril: ‘I don’t imagine he can get the votes’Stories that have come out about Stephen Moore are starting to weigh down his chances of getting confirmed to the Federal Reserve
Weiterlesen »
Trump Fed pick Stephen Moore withdraws amid GOP oppositionBreaking: Trump says Stephen Moore is withdrawing from consideration for Fed
Weiterlesen »
Fears of recession have fadedThere are still reasons to be cautious about America's economy, but recent data are promising
Weiterlesen »
Vice President Pence says the Fed should cut interest rates, reconsider its dual mandate policyVice President Pence says the Fed should cut interest rates, reconsider its dual mandate policy.
Weiterlesen »
Vice President Pence says the Fed should consider lowering interest rates because of low inflationVice President Mike Pence believes the Fed should look to cut its benchmark interest rate.
Weiterlesen »
Moore withdraws from consideration for Fed postU.S. President Donald Trump's pick to fill a seat on the Federal Reserve ha...
Weiterlesen »
Read: Stephen Moore statement on withdrawal from Fed considerationStephen Moore, President Trump's pick to head the Federal Reserve, has withdrawn, citing 'unrelenting attacks on my character.' CNN's KFile revealed decades' worth of disparaging comments Moore has made about women.
Weiterlesen »
Trump’s bid to pack Fed with close allies fails as Moore drops outStephen Moore has decided to withdraw from consideration for a seat on the Federal Reserve Board, according to President Donald Trump.
Weiterlesen »