Kashkari: Recent Powell Comments Not Affected by Trump's Fed Criticism

Market news

3 December 2018

Kashkari: Recent Powell Comments Not Affected by Trump's Fed Criticism

Modest Inflation Overshoot Wouldn't Require Fed Rate Increases
Fed Should Show Its Inflation Target Is Truly Symmetric
Not Forecasting Recession, But Risk of Downturn Is Higher
Sees a Number of Triggers That Could Cause Recession
Overly Aggressive Fed Rate Rises Could Cause Recession

Fed's Kashkari: 'Still There' in Believing Rate Rises Are a Bad Idea

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