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.
     

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