Additional headlines from Dallas Fed President Robert Kaplan are crossing the wires, via Reuters, with key quotes found below.
- Dallas Fed believes global supply and demand for oil is in rough balance.
- Dallas Fed sees fragile equilibrium on oil price for next 2-3 years, with risk to upside beyond that.
- There is short-term spike risk to oil prices due to geopolitical factors.
- Job losses in the U.S. are unlikely due to trade, more likely due to technological disruption.
- Trade is an opportunity not a threat to the united states.
- Will not knowingly advocate for raising rates so much that yield curve inverses.
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