Kaplan sees unemployment moving back toward 4% by the end of the year

Feds Kaplan is speaking

The Feds Kaplan is speaking a few times today including add a virtual climate change symposium and a bitcoin conference.

Says:

  • sees unemployment moving back toward 4%
  • Hopes that the broader U6 unemployment rate can also grind substantially lower
  • He feels the jury is still out on whether inflation will settle down, or stay high into next year

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