Fed's Kaplan calls for fiscal, structural reform to boost U.S. growth

U.S. policymakers should boost public spending on infrastructure, improve education and undertake tax, regulatory and trade reforms to speed up economic growth, Dallas Federal Reserve Bank President Robert Kaplan said on Friday. Speaking in Mexico just four days ahead of the U.S. presidential election, Kaplan said he expected the U.S. economy to grow about 2 percent this year and for inflation to rise back to the Fed's 2-percent target in the medium term.