- Fed’s Kashkari: It isn’t time to cut rates - WSJ
Market news
1 April 2019
Fed’s Kashkari: It isn’t time to cut rates - WSJ
- Believes central bank is in the right place
- Says some of the risks have shifted to the downside
- Thinks "economic weakness has caused the rest of the committee to say it’s an appropriate time to pause"
- Thinks that "pausing to get more information, to see if this really is an economic slowdown or if it’s just a blip" is "the right move"
- Says inflation data "is not going the right way"
- Should take the signal of yield curve inversion seriously, shouldn't be ignored
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