Comments from Dallas Fed President Robert Kaplan is now crossing the wires with key quotes, via Reuters, found below.
- It’s appropriate to get into trade issues with China in a serious way.
- He sees more upside risk to oil prices.
- Repeats view that U.S. GDP will grow 3 pct this year, 2.5 pct next year as fiscal stimulus fades.
- Cutting number of immigrants does not go together with growing GDP.
- Tailwind from debt-funded stimulus could turn into a headwind in the out years.