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19 Aug 2016
Fed's Kaplan: Expects firmer 2017 energy prices due to less supply
Dallas Fed's President Robert S. Kaplan is crossing the wires last minutes, via Bloomberg, saying that he expects firmer energy prices next year due to less supply.
Key headlines:
- US election irrelevant to when Federal Reserve acts
- China's growth to come down in next five years
- Brexit to lower Europe growth, impact on the US modest
- Federal Reserve is watching contagion risk from Brexit