Dallas Fed President Robert Kaplan was recently on wires via the Wall Street Journal while saying that he wants to better understand whether an escalation in trade tensions between the U.S. and both China and Mexico will be drawn out before deciding whether the central bank should cut interest rates.
Key Notes (Source: The Wall Street Journal)
- “I want to take a little bit more time and be patient here, because some of these recent events could be reversed.”
- “Worth being cognizant of the fact that these recent tensions have just elevated in the last five, six weeks.”
- “And in the next five, six weeks, a number of them could be alleviated.”
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