- Minneapolis Fed president Kashkari thinks short-term interest rates will stay near zero for a few more years, - WSJ
Market news
1 October 2021
Minneapolis Fed president Kashkari thinks short-term interest rates will stay near zero for a few more years, - WSJ
- Comfortable with plans to taper bond buying soon
- But does not believe Fed will need to raise interest rates until 2024
- The job market still has long way to go before healing
- Once supply chain issues are resolved, worried that Fed will have to deal with same forces that have pinned down inflation before the pandemic
- Wants to see broader measures of wages increasing to start believing that the labour market is getting tighter
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page