Fed's Kaplan: Impact of trade tensions so far to U.S. Economy is manageable

Additional comments from Dallas Fed President Robert Kaplan is now crossing the newswires.

Key quotes (via Reuters)

  • The fact that outyear growth will be sluggish is a factor in thinking about pace of rate hikes.
  • Repeats view that trade deals with Mexico, Canada are clearly in the interests of U.S.
  • Says he is optimistic NAFTA and trade issues with Europe will get resolved in near future.
  • If there's a fight to be had on trade, the fight with China is the right one.
  • It would not surprise him if the battle with China on trade lasts years.
  • Impact of trade tensions so far to U.S. Economy is manageable.

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