Fed's Kashkari: hopes Yellen gets reappointed

Ross J Burland FXStreet

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

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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