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Fed’s Kaplan: US economy is “basically” meeting Fed’s dual mandate on employment, inflation

Dallas Fed President Robert Kaplan is now crossing the wires with key quotes, via Reuters, seen below.

  •  U.S. economy is “basically” meeting the Fed’s dual mandate on employment, inflation.
  • Skeptical about further U.S. Wage growth from current levels.
  • U.S. Economy will be well-served to reform immigration rules similar to those in Canada.
  • Not so worried about a financial crisis, imminent recession due to a strong consumer sector.

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