Dallas Fed President Kaplan: We can run a tighter labor force than we have historically without pricing pressure

Market news

17 December 2019

Dallas Fed President Kaplan: We can run a tighter labor force than we have historically without pricing pressure

We're at or past full employment, not much slack is left
Expects economy to grow by about 2% next year and for inflation pressures to remain muted
Power has shifted from the sellers of goods to the buyer, making it difficult for businesses to pass on higher costs
Tech-enabled disruption is limiting the pricing power of business

U.S.: Housing Starts, November 1.365 (forecast 1.345)

U.S. is finalizing a set of narrow rules to limit exports of sophisticated technology to adversaries like China,- Reuters repots, citing internal status update

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