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
---
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 ...: