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Fed's Kaplan: Sees upside risks to energy prices in 3-5 year term
Dallas Fed President Kaplan on a panel: • Forecasts 2017 GDP growth at about 2.3% • US consumer to underpin growth, households have the capacity to spend • US labor market is pretty tight • We should be removing accommodation and thinking about trimming the Fed's balance sheet later this year • Kaplan is a voter this year.