Fed's Kaplan: Markets signaling sluggish growth in the future

Speaking at Centers of Growth breakfast conversation at Hearst, in New York, Dallas Fed President Robert Kaplan said that the markets were signaling toward a sluggish growth in the near future.

Key quotes (via Reuters):

  • Wary of pushing Fed rates up to 10-year yields
  • Potential for neutral rate even lower; cites potential decline in long-term GDP growth 
  •  Worried about short-term tax cut that raises federal debt load, could harm long-term growth
  • US worker mobility is near historic low, us lagging in worker development

USD/JPY bulls eyeing a decisive break through 113.00 hurdle

The USD/JPY pair trended higher through early NA session and is currently placed just a few pips away from the 113.00 handle. The pair built on its r
مزید پڑھیں Previous

NZ: Dairy dip for the economy – BNZ

Doug Steel, Senior Economist at BNZ, notes that the GDT Price Index fell 1% at auction overnight for New Zealand, to be down 5.1% since a recent peak
مزید پڑھیں Next