Robert Kaplan, president of the Federal Reserve Bank of Dallas.

  • Repeats his view that US GDP growth this year will be 2.25 pct, still enough to take slack from labor market
  • Says optimism among businesses, prospect of regulatory reforms could provide upside to growth forecast

More:

  • Has confidence Fed is meeting dual mandate
  • Neutral rate is around 2.75%
  • As long as continue to make progress towards goals will continue to be supportive of more rate hikes

ps. Here he is live

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He is speaking at the Mosbacher Institute for Trade, Economics, and Public Policy at the Bush School of Government and Public Service at Texas A&M University. Its a Conversation in Public Policy, Kaplan will discuss economic conditions and the role of monetary policy.Kaplan has been out and about with plenty of remarks recently, so we have a good idea of what his 'reasonable base case' is ...: