Kaplan: I expect US rates hike three times in 2018

15 Jan 2018 11:48 AM

US Federal Reserve member Robert Kaplan made a number of statements, the most prominent of which are:

  • I expect the US economy to grow between 2.5% and 2.75% in 2018.
  • I expect to raise rates three times throughout the year.
  • Unemployment may stabilize below 4% in 2018.
  • The labor market continues to grow at a strong pace.
  • The economy is approaching full employment levels.

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