Dallas Fed President Kaplan expects U.S. GDP to grow 2.25% this year

Market news

6 February 2020

Dallas Fed President Kaplan expects U.S. GDP to grow 2.25% this year

Notes his outlook for growth would be even firmer if not for Boeing and coronavirus situations
Says having a little more trade stability will help global growth this year, less uncertainty should help stabilize business fixed investment
Estimates virus could subtract around 0.4 percentage points from growth

EUR/USD: Support at 1.0980 to be lost – TDS

U.S. Stocks open: Dow +0.27%, Nasdaq +0.15%, S&P +0.22%

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