23 Sep 2016
Fed's Kaplan: US growth to rebound in second half of 2016
Dallas Fed's President Robert Kaplan is hitting the wires last minutes, via Reuters, saying that he expects U.S. growth to rebound in second half of 2016.
Key headlines (via Reuters):
- U.S. growth is enough to continue to take slack out of the U.S. labor market
- Fed is not as accommodative as people might think
- Brexit impact on U.S. is manageable, as long as no other countries also leave EU