• Fed's Kaplan sees U.S unemployment falling to 3.7 pct during 2018

Market news

16 April 2018

Fed's Kaplan sees U.S unemployment falling to 3.7 pct during 2018

  • Says pricing power of businesses more limited than we're used to at this stage of expansion

  • Sees cyclical wage pressures building in 2018

  • Without structural reforms U.S. economic growth will be sluggish in mid- and long-term

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