Fed's Kaplan says new policies could impact forecast
- Top 10 News for 12/2: Crude Rips on OPEC Cut; Starbucks' Schultz Steps Down; Nonfarm Payrolls Flat in Nov.
- Unemployment Rate Drops to 4.6%
- Bond yields fall on U.S. jobs data, euro flat before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
SAN ANTONIO (Reuters) - Dallas Federal Reserve Bank President Robert Kaplan on Thursday said he is keeping his forecast for 2-percent U.S. GDP growth next year intact despite the possibility of new economic policies from the incoming U.S. president.
"I am careful not to anticipate or predict what might happen," Kaplan told reporters after a talk here. "As policies unfold and to the extent there are new policies we will work to analyze those and adjust."
A strengthening dollar and other global developments, he said, must be taken into account in policy decisions.
(Reporting by Jim Forsyth, writing by Ann Saphir; Editing by Chizu Nomiyama)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Third time lucky? Iceland's Pirate party given chance to form government
- Angola's Dos Santos will not stand for re-election in 2017: party document
- Europe must brace for new, varied IS attacks: security chief
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!