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Fed’s Kaplan is crossing the wires and has said:

  • “Seemed on a recent visit that China is girding itself for trade tensions to go on for some time.”

Prior Fed comments today:

  • Fed’s Daly: Trade, global uncertainty clouding business outlook
  • Fed’s Daly: Tariffs on Chinese imports could help push inflation closer to target
  • Fed’s Barkin: Businesses are holding back on investments because of uncertainty