Fed's Kaplan: ‘Dot' for 2018 signaled three rate hikes

Haresh Menghani FXStreet

While speaking to Bloomberg TV, Dallas Fed president Robert Kaplan said that his dot plots for 2018 signals 3 rate hikes and foresee gradual removal of accommodation.

Additional headlines:

• Lifted his 2018-19 growth forecast a little bit due to tax plan
• Tax cut impact on corporate investment may be modest
• Worried by debt-financed tax cuts that raises deficit
• Job growth will slow as the US reaches full employment

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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