Fed's Kaplan: Feels the US can skate thorough a fragile period of global growth

Robert Kaplan, president and CEO of the Federal Reserve Bank of Dallas is crossing the wires.

Fed's Kaplan comments:

• "US can skate thorough a fragile period of global growth."
• "Odds of recession in the next 12 months are relatively low."
• "Amount of negative yielding debt in the world shows pessimism about growth and a need for change in the world towards more fiscal policy and structural reform."