Fed’s Kaplan: Anything that inhibits global trade will be a negative
But says too soon to tell the impact
Feds Kaplan answers questions from reporters in Austin Texas
- concerned by terrorists, but too soon to say what it means for the Fed
- anything that inhibits global trade will be a negative
- Feds 2.1% inflation projections shows goal is symmetric
- advises being patient from a policy perspective regarding trade developments
- He supported Wednesday’s interest rate increase; still sees a total of 3 hikes as appropriate for 2018
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