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  • Fed’s Kaplan: 2018 very good for US economy, grew at 3pct
Market News
07.02.2019, 14:29

Fed’s Kaplan: 2018 very good for US economy, grew at 3pct

  • fiscal stimulus reached zenith in 2018, spending bill alone added half pct PT to GDP growth

  • economy also feeling cumulative impact of rate hikes

  • was hoped that tax cuts would boost productivity, but unlikely to bump up

  • sees US economy growth closer to 2pct in 2019

  • headwinds to US include slower global growth

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