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Fed's Kaplan: Free and open trade is in the U.S. interest

Additional headlines from Dallas Fed President Robert Kaplan crossed the wires in the last hour, with the key quotes, via Reuters, found below:


  • I'm hopeful balance sheet wind-down is gradual, predictable enough so as not to affect markets
  • U.S. wants to grow jobs, relationship with Mexico helps make them globally competitive
  • Moves in Peso suggest markets are hopeful on progress with NAFTA negotiations
  • Free and open trade is in the U.S. interest
  • April, May inflation data was somewhat better than March
  • I want to wait, be patient, see evidence inflation is rising to 2-pct goal


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