Confucius: the man who broke the mountain was the same man who started ...
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Fed's Kaplan Says Watching Trade War Impact on Economy, Prices
Federal Reserve Bank of Dallas President Robert Kaplan says trade tensions might have a chilling effect on the U.S. and global economy, and he’s also watching for the potential effects on inflation. Some end-markets may be jeopardized by the U.S.-China trade dispute, but “the bigger thing is logistics and supply chain arrangements,” Kaplan said Saturday during a wide-ranging discussion at the Society for Advancing Business Editing and Writing’s annual conference in Phoenix. “It’s more likely to slow global growth” and “it’s more likely to slow U.S. growth ultimately,” but it’s also possible some ... (full story)