Fed's Kashkari: Not quite there yet on seeing need for policy shift

Eren Sengezer FXStreet

In an interview with Bloomberg TV, Minneapolis Fed President Neel Kashkari argued that they were not yet seeing a need for a policy shift. Commenting on the Trump administration's decision to impose tariffs on Mexican imports, Kashkari said that they could hurt the U.S. economy.

Key quotes

Wage growth not signalling inflation above 2%.
So far the fundamentals have been quite strong.
Latest data shows inflation remains low.

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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