Home Fed’s Kashkari: Not quite there yet on seeing need for policy shift

Fed’s Kashkari: Not quite there yet on seeing need for policy shift

Published date: 31 May. 2019 | 14:47

In an interview with Bloomberg TV, Minneapolis Fed President Neel Kashkari argued that they were not yet seeing a need for a policy shift. Commenting on the Trump administration’s decision to impose tariffs on Mexican imports, Kashkari said that they could hurt the U.S. economy.

Key quotes

Wage growth not signalling inflation above 2%.
So far the fundamentals have been quite strong.
Latest data shows inflation remains low.

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