Minneapolis Fed President Kashkari: Fed does not think negative interest rates are a tool it would want to use, but does not rule out possibility - CNBC

Market news

4 November 2019

Minneapolis Fed President Kashkari: Fed does not think negative interest rates are a tool it would want to use, but does not rule out possibility - CNBC

Balance of risks towards downside right now
Until wage growth picks up we're not going to be at maximum employment
Monetary policy has been too tight during U.S. economic recovery
Fed should err on the side of more accommodation
Fed should not raise rates prematurely
U.S. not immune to China and Europe slowdown

USD longs slipped, EUR shorts increased – Rabobank

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