Impact of Hurricane Harvey and a Discussion of Key Structural Drivers Affecting U.S. Monetary Policy, October 17, 2017

An essay by Dallas Fed President Robert S. Kaplan from October 17, 2017. This essay provides a synopsis of President Kaplan's current views regarding the economic impact of Hurricane Harvey as well as economic conditions in the Eleventh District, U.S. and globally. He also discusses key structural drivers, such as aging demographics, high levels of government debt to gross domestic product (GDP), globalization, and technology-enabled disruption and their implications for U.S. monetary policy.