Replies to post #322988 on Option Millionaires

[uranium-pinto-beans]

Dallas Federal Reserve President Robert Kaplan in an essay noted the Fed should hike rates "gradually and patiently" this year, but waiting too long would increase the likelihood of recession. He sees gross domestic product (GDP) growth of 2.50-2.75% and unemployment falling to 3.6% by the year's end, while making progress toward the 2% inflation goal. Kaplan expects the growth boost from the tax cuts to fade in 2019-20, while arguing that it would be preferable to moderate debt/GDP growth at this point in the economic cycle. Indeed, he warns that the US should be actively seeking ways to reduce growth of government debt.