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Friday, June 03, 2016

Fed's Kaplan says U.S. 'pretty darn close' to fully employed

http://www.futuresmag.com/2016/06/02/feds-kaplan-says-us-pretty-darn-close-fully-employed

Dallas Federal Reserve Bank President Robert Kaplan on Thursday reiterated his view that the Fed should raise interest rates soon because the economy is getting "pretty darn close" to full employment and inflation is starting to rise.
The Fed may need to defer a rate hike until after its June meeting, Kaplan suggested at an event at Boston College, because Britain's vote on whether to leave the European Union, taking place a week after the Fed meets, has the potential to spark a currency selloff and other unanticipated consequences.

With 100 + million people receiving some sort of Government service ( Pick one ) to make it day to day, this clown calls it full employment. Spare me the retirement meme that lie has run it course, six teen  year old's are nor retired!

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