Fed’s Kashkari: Need to see data showing real economic weakness before cutting rates

Ross J Burland FXStreet

Fed’s Kashkari is crossing the wires saying that he is not sure that cutting rates would do much to inflation expectations:

Would need to see data showing real economic weakness before cutting rates.
Tariffs could boost inflation temporarily.
An unexpected rise in wages could help get inflation back to symmetric 2% target.

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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