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6 Mar 2018
Fed's Kaplan: Fed should get started soon on tightening policy
Dallas Fed President Robert Kaplan was out on the wires in the last minute, saying that higher bond yields are tied to better growth and more supply.
Additional quotes:
• We are either at or beyond full employment
• Think jobless rate to go below 4% this year
• Fed should get started soon on tightening policy
• Raising rates now is the best way to sustain the expansion
• US government debt could become a growth headwind
• Trade discussion doesn't change his outlook now but trade with Canada and Mexico is critical for US jobs