Minneapolis Fed President Kashkari: Fed is in a reasonable spot right now

Market news

31 May 2019

Minneapolis Fed President Kashkari: Fed is in a reasonable spot right now

So far the fundamentals have been quite strong
Sees inflation expectations anchored around 1.7%
Latest data shows inflation remains low
Wage growth is ticking up but slowly
More noise and rhetoric than action on trade
Not quite there yet on seeing the need for a Fed policy shift

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