Dallas Fed President Kaplan: Fed's policy setting is appropriate

Market news

15 November 2019

Dallas Fed President Kaplan: Fed's policy setting is appropriate

Says CAPEX spending is virtually on hold because of trade uncertainty
Most businesses see competition with China going on for years
He's optimistic USMCA will pass Congress
Will be watching to see if global weakness does continue and spreads
Tariffs put sands in the gears, and makes manufacturing more challenging

U.S. retail sales increase more than anticipated in October

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