Fed's Kaplan says Fed not in 'full fledged' rate cutting cycle

WASHINGTON (Reuters) - The Fed is watching for signs a global trade slowdown is having broader impacts in the United States beyond manufacturing and investment, but is not yet heading into a "full-fledged rate cutting cycle," Dallas Federal Reserve President Robert Kaplan said on Friday."The debate we are having around the (Federal Open Market Committee) table is, there is a risk that slowing global growth and weak business investment is going" to move beyond an immediate impact on factories and..