Additional comments from Dallas Fed President Robert Kaplan is now crossing the newswires.
Key quotes (via Reuters)
- The fact that outyear growth will be sluggish is a factor in thinking about pace of rate hikes.
- Repeats view that trade deals with Mexico, Canada are clearly in the interests of U.S.
- Says he is optimistic NAFTA and trade issues with Europe will get resolved in near future.
- If there’s a fight to be had on trade, the fight with China is the right one.
- It would not surprise him if the battle with China on trade lasts years.
- Impact of trade tensions so far to U.S. Economy is manageable.
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