Fed's Kashkari: No reason to hurry up and raise rates

Eren Sengezer FXStreet

President of the Federal Reserve Bank of Minneapolis, Neel Tushar Kashkari is making statements at the Banking Law Institute, in Minneapolis noting the following:

Key quotes (via Reuters)

Friday's core PCE inflation measure shows still coming up short on inflation target
There's no reason to hurry up and raise rates
There is interest among FOMC members to shrink the balance in a gradual way

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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