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Wednesday, January 18, 2017

Fed's Kaplan: A strong dollar is also a headwind for inflation

  • Global deflationary forces are still powerful
  • Sees a gradual increase in inflation
Today's numbers were hardly a "gradual increase" expected or not.
  • Without a trade relationship with Mexico there would be jobs lost to Asia and elsewhere
Is that a jibe at Trump or an insinuation of 'better the devil you know'?

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