Fed’s Kaplan: Tailwind from debt-funded stimulus could turn into a headwind in the out years

Comments from Dallas Fed President Robert Kaplan is now crossing the wires  with key quotes, via Reuters, found below.

• It’s appropriate to get into trade issues with China in a serious way.
• He sees more upside risk to oil prices.
• Repeats view that U.S. GDP will grow 3 pct this year, 2.5 pct next year as fiscal stimulus fades.
• Cutting number of immigrants does not go together with growing GDP.
• Tailwind from debt-funded stimulus could turn into a headwind in the out years.