- Minneapolis Fed president Kashkari: Would probably be in favor if Fed decided on October rate cut - CNBC
Market news
11 October 2019
Minneapolis Fed president Kashkari: Would probably be in favor if Fed decided on October rate cut - CNBC
- We should put yield curve control into our toolbox
- Balance sheet growth should not be confused with QE, which was designed to move down long-term rates
- We have to figure out what is the right growth rate of our balance sheet that isn't about stimulating the economy
- Over the long term, we still have evidence that the economy will grow at around 2% and we're drifting back to that level
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