Dallas Fed head Robert Kaplan still on the wires - 7 March 2018
- Don't know what sort of policies will be implemented
- Anything that jeopardises trade relationships with Mexico or Canada is not in the US' interest
- Sees US growth of 2.5% to 2.75% in 2018
- Sees US unemployment "in the 3s" this year
Earlier, he commented that his base case for rate hikes this year is for the Fed to move three times.
Do remember though, Kaplan is not on the voting board in the FOMC this year. But judging by his tone, does that mean the Fed will continue to stick with 3 rate hikes when they release their infamous dot plots later this month?
That's going to be the hot topic over the next two weeks. The FOMC meeting this month is scheduled for 20-21 March with the rate decision and economic projections to be released on 21 March.