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