In the Margins

Fed's Kaplan: May see three rate increases this year

January 17, 2018

By The Wall Street Journal

Federal Reserve Bank of Dallas President Robert Kaplan said he expects the U.S. central bank will need to raise interest rates three times this year and perhaps even more to prevent a robust economy from overheating. “The economy is going to be strong this year,” Kaplan said, adding that he expects the unemployment rate to fall into the 3% range by the end of the year and for inflation to firm up after softening unexpectedly last year. Read the original story from The Wall Street Journal.

 

 

Most Read

Top of the Agenda - Governance
Directors: Focus on prospectus for ESG funds

Environmental, social, and governance investing has been a huge topic of discussion in the mutual fund industry over the past several years, including in fund boardrooms. ...