Kapan is speaking in a moderated Q&A at the ‘Greater Houston Partnership Thought Leader Series’
– High debt-to-GDP ratios are a headwind
– Aware that global events can hurt financial conditions
The comment on the lack of pricing power could be construed as dovish. Kaplan also has expressed worries at the June and sounded like a bit of an oil bear in the past. But he would advocate for a hike in June or July. My guess is he’s leaning towards July.
