Headlines will be trickling in...
Fed's Kashkari is speaking on a panel in South Dakota. Kashkari is considered a dove.
He has not prepared text. So the headlines will be added as he goes along:
- Too soon to know if tax cuts will boost wages, hiring
- Why cool economy down before wages and inflation rises?
- Trust in US may eventually erode amid rising debt
- Deficit and debt is not a near term issue but may become one
- Does think US to become Greece , but debt matters
- We are a long way away from wages and inflation rising
- Consistent wage growth needed to have impact on rates
- Bond market is signaling inflation is going to be well under control, well into the future
- If the tax cut does not lead to more optimism, it could be a net positive for US economy.