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Fed’s Kaplan: Open-minded about the possibility of fourth rate hike later this year

Additional headlines from Dallas  Fed  President Robert Kaplan are crossing the wires, via Reuters, with key quotes found below.

  • Open-minded about the possibility of fourth rate hike later this year
  • Base case still for three rate hikes because fiscal boost to growth will fade.
  • Fundamental underlying drivers of growth are sluggish.
  • Too early to say how trade tensions will affect growth.
  • Rate decisions should take into account potential international spillover effects.

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