Kaplan to ‘closely monitor’ debt and ageing demographics in line with growth
Dallas Fed president will also look to other major economies throughout 2016 for patterns that may affect growth
The president of the Federal Reserve Bank of Dallas will ‘closely monitor' the impact of debt and ageing demographics on the United States' pace of growth this year.
Speaking at the University of Texas Investment Management Company, Robert Kaplan said he would also be looking for trends relating to high levels of debt and ageing demographics in other major economies, including Europe, Japan and China.
"These secular factors could create downward pressure on potential growth rates and, all things
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