- Dallas Fed President Kaplan: Phase-one trade deal is positive and creates some stability
Market news
15 January 2020
Dallas Fed President Kaplan: Phase-one trade deal is positive and creates some stability
- Says Fed reserve management has some effect on risk assets; sensitive from here to seek ways to limit balance sheet
- Is worried about impact of Fed policy on asset prices
- Says anything that curbs uncertainty will help investment, but even so business spending will still be sluggish
- Labor market tight and consumers have solid capacity
Market Focus
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