Fed's Kaplan says broader measures of unemployment show there is slack, but it's declining

Market news

12 April 2017

Fed's Kaplan says broader measures of unemployment show there is slack, but it's declining

Expects to see more slack taken out of the labor market, inflation to rise toward 2 pct

European stocks closed: FTSE 100 -16.51 7348.99 -0.22% DAX +15.35 12154.70 +0.13% CAC 40 -0.75 5101.11 -0.01%

U.S. commercial crude oil inventories decreased by 2.2 million barrels from the previous week

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