Fed's Kaplan says inflation to remain muted, economy running out of workers
"It's not that we don't have any inflation...Inflation forces I think are going to be muted including technology," Kaplan says.
"It's not that we don't have any inflation...Inflation forces I think are going to be muted including technology," Kaplan said Friday in an interview with CNBC's"Technology enables disruption and to some extent globalization. Businesses have less pricing power today and this comes through in corporate earnings report and it comes through in all my conversations," Kaplan added.
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