Fed's Kaplan: Expects Economy to Grow Nearer to 3% This Year

Market news

24 August 2018

Fed's Kaplan: Expects Economy to Grow Nearer to 3% This Year

Trade Tariff Impact So Far Is Modest
Job Market Is Strong, Consumers Are Able to Spend
Confident Fed Will Remain Apolitical
Flatter Yield Curve Suggests Medium-Term Growth to Be Slower
Expects Fed Can Hike Rates Without Inverting Yield Curve

The US dollar keeps the recent gains after US and Chinese officials have completed two days of trade talks without any major breakthroughs

Scott Morrison to replace Turnbull as Australian Prime Minister

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