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Robert Kaplan, president and CEO of the Federal Reserve Bank of Dallas is crossing the wires.

Fed’s Kaplan comments:

  • “US can skate thorough a fragile period of global growth.”
  • “Odds of recession in the next 12 months are relatively low.”
  • “Amount of negative yielding debt in the world shows pessimism about growth and a need for change in the world towards more fiscal policy and structural reform.”