Comments by Dallas Fed president, Robert Kaplan, in Beijing
- Does not see a downturn in the US economy
- US should start to moderate debt growth now
- But move to moderate debt growth could create headwind for US economy
Nothing notable and certainly nothing new from Kaplan so far. Do be reminded that he's not a voting member on the FOMC this year, so if anything else, his comments will hold little weight when compared to other Fed members.
