Fed's Kaplan Is 'Comfortable' With Another Three Rate Rises

Market news

9 October 2018

Fed's Kaplan Is 'Comfortable' With Another Three Rate Rises

Reserving Judgment if Fed Will Need to Pause on Rate Increases Next Year
Any Overshoot of 2% Inflation Target Likely to Happen Gradually
Jobless Rate Likely to Ebb to Mid-3% Range or Lower

U.S Economic Optimism Index rose 3.8 percent in October with an overall reading of 57.8

U.S. Stocks open: Dow -0.19, Nasdaq -0.18%, S&P -0.22%

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