• Fed's Kashkari says not clear how much of a long-term difference tax cut will make

Notícias do Mercado

22 fevereiro 2018

Fed's Kashkari says not clear how much of a long-term difference tax cut will make

  • Don't really know if U.S. is at full employment

  • We are not sure about neutral rate, or output gap either

  • Fed should be patient, let inflation build

  • Is very focused on wage growth, labor market slack and inflation

  • Hitting 2-pct inflation target would give Fed more flexibility in fighting future downturns

Fed's Quarles says gradual U.S. interest rate increases 'appropriate'
Most FOMC voting policymakers said recent data supported view inflation will rise in 2018 and stabilize around 2 pct over medium term ; a couple were concerned about inflation outlook
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