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16.04.2018 16:18

Fed's Kaplan sees U.S unemployment falling to 3.7 pct during 2018

  • Says pricing power of businesses more limited than we're used to at this stage of expansion

  • Sees cyclical wage pressures building in 2018

  • Without structural reforms U.S. economic growth will be sluggish in mid- and long-term

Focus market

  • Canadian union leader says three NAFTA nations are still far away from resolving the most complex issues
  • Swiss Producer and Import Price Index fell 0.2% in March
  • OPEC Sec-Gen says oil inventories in February below 50 mln barrels above 5-year-average, decline trend to continue in coming months
  • Earnings Season in U.S.: Major Reports of the Week
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