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Fed’s Kaplan: US has legitimate trade issues with China

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

  • US consumer is very strong.
  • Fed should raise rates gradually, patiently.
  • Monthly retail sales numbers tend to be noisy.
  • Inflation is not going to run away.
  • Still expect to see 2% growth for 2018, fading a bit in 2019.
  • US has legitimate trade issues with China.

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