Fed’s Kashkari: Fed will debate what to do on rates, he is leaning toward further rate cut – Reuters
|Reuters released comments from the President of the Federal Reserve Bank of Minneapolis while speaking on Minneapolis public radio interview on early Friday morning in Asia.
Key quotes
- Fed will debate what to do on rates.
- He is leaning toward a further rate cut.
- It is definitely a nervous time.
- Sees some cautious signs, some signs of optimism on economy.
FX implications
Although the market remains quiet to the news, a general pullback in the US Dollar (USD) and sustained support for the safe-havens can be expected because of the dovish comments.
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