Kashkari is a dove on the Fed board
The Fed's Kashkari in an op-ed piece, said that the Fed should not move too fast to raise rates.
- inflation and wage growth have been surprisingly low.
- Despite the tight US job market, total pay is only growing at 2.7 per cent annually, compared to 3.5 per cent before the crisis
Kashkari gives his reasons for the low inflation as it relates to the US employment dynamics. You can read the full article HERE.
Karkari is considered a dove on the Fed board.
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