Comments from Kaplan at a fixed income management conference in Boston

  • Technology is disrupting economy more than globalization
  • Inflationary pressures are building up but are being offset
  • Says he is in favor of periodic review of Fed's strategic goals
  • There is consensus at the Fed that rate hikes should be gradual
  • Tax reform does make sense, but worried about funding a tax cut with a rise in debt
  • US is getting awfully close to full employment

This is from an audience Q&A. I'll update if there are more headlines.

Kaplan is a voter next year.