US Fed's Kashkari: slack might still be in economy

Joshua Gibson FXStreet

Minneapolis Federal Reserve President Neel Kashkari gave some comments during a Q&A session where he highlighted the economy's potential slack as wages remain supressed.

Key highlights

The labor market might still have some slack in it.

Wages growth still hasn't picked up.

The economy must be allowed to continue to strengthen.

Kashkari is watching the yield curve for signs of economic faltering.

Yield curve could completely flatten by the end of the year.

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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