- Minneapolis Federal Reserve President Neel Kashkari expects the U.S. economy to expand moderately
Market news
24 February 2016
Minneapolis Federal Reserve President Neel Kashkari expects the U.S. economy to expand moderately
Minneapolis Federal Reserve President Neel Kashkari said on Tuesday that he expected the U.S. economy to expand moderately.
"The moderate economic outlook is still the base case for the U.S.," he said.
Kashkari noted that further labour market improvement could lead to a rise in wages.
Kashkari is not a voting member of the Federal Open Market Committee (FOMC) this year.
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