Fed's Kaplan: Short-term spike risk to oil prices due to geopolitical factors

Additional headlines from Dallas Fed President Robert Kaplan are crossing the wires, via Reuters, with key quotes found below.

• Dallas Fed believes global supply and demand for oil is in rough balance.
• Dallas Fed sees fragile equilibrium on oil price for next 2-3 years, with risk to upside beyond that.
• There is short-term spike risk to oil prices due to geopolitical factors.
• Job losses in the U.S. are unlikely due to trade, more likely due to technological disruption.
• Trade is an opportunity not a threat to the united states.
• Will not knowingly advocate for raising rates so much that yield curve inverses.