Fed's Kaplan: We have a relatively tight labor market, inflation moving toward 2 pct

Dallas Fed's President Robert Kaplan is crossing the wires, via Reuters, stating the biggest threat for 2017 growth is growth of the workforce.

Key headlines (via Reuters):

• U.S. economy will grow a little more than 2 pct in 2017, buoyed by consumer
• We have a relatively tight labor market, inflation moving toward 2 pct
• Policies that might occur this year would provide some upside, though some could hurt GDP