Fed’s Kashkari: seems much more likely Fed will achieve inflation target
|Comments crossed the wires from the Minneapolis Federal Reserve President Neel Kashkari, as he speaks in a Wall Street Journal (WSJ) interview.
Key Headlines:
Fiscal stimulus supporting gradual rate hikes.
Tax cuts, spending boost are 'macroeconomically significant'.
Seems much more likely Fed will achieve the inflation target.
Declines to comment how many more rate increases he sees fit this year.
Once inflation target is reached, should try to get to neutral rate in a reasonable period of time.
The trade war is the worst possible outcome in the trade rhetoric.
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.