Fed's Kashkari: hopes Yellen gets reappointed
|More comments from Fed's Kashkari speaking at Town Hall In North Dakota:
- Should look to Japan to avoid deflation
- Can accept lower growth
- Should embrace immigration for population growth
- Real interest rate is lower because the population has been ageing
- Fed is adjusting inflation forecasts
- Society has been changing
- 19t debt
- US has no inflation
- Say's the reason there is no inflation in the U.S. is that investors around the world think US economy is strongest, US investors rather buy US debt - but said this can't go on forever
- US is relatively stronger than Europe, UK and Japan, for now
- U.S. has time to adjust
- Need to deal with long-term economy
- Have to get fiscal house in order before investors chose to invest somewhere else
- Yellen best to run Fed for next four years
- Low-interest rates will lead to more investment
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.