Fed’s Kashkari: We should pause on rate hikes now
|Adding to his earlier comments on CNBC, Minneapolis Fed President Neel Kashkari was further noted saying that the US economy is doing well but we do not yet know the full extent of the labour force expansion.
Additional quotes:
• We should pause on rate hikes now.
• Too early to know the long-term impact of the tax bill.
• Unclear how balance sheet reductions impact markets.
• There is still labour market slack.
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