Fed's Kaplan: We are going to have to look hard if we should raise rates in December

Additional headlines from Dallas Fed President Kaplan are crossing the news wires, with key quotes (via Reuters) found below:

U.S. GDP will grow 2.25 pct this year, or a little bit faster
Do not see a recession in 2017 or 2018
Don't have a lot of labor slack in the united states
Cyclical inflation pressures are building, but structurally there are headwinds
Would not be surprising to see inflation muted
We've got room to raise rates but not as much as people might think
We are going to have to look hard if we should raise rates in December

Oct 2, 2017

Fed's Kaplan: There's a worry about small businesses failing in aftermath of Hurricane Harvey

Dallas Fed President Kaplan (voter, centrist) is speaking in a moderated question-and-answer session in El Paso, Texas, with key quotes (via Reuters)

Moody's: Ratcheting-up of tensions has negative credit implications for Spain

"Escalation of conflict over independence vote is negative for Spain, unclear for Catalunya‍," said Moody's Investors Service, as per Reuters reports.