Fed's Kashkari speaks at the Institutional Investor Conference 28 September 2016
Strong labour market is not yet inflationary
US economy still has room to run before it overheats
Fed has the tools to cope with that
Fed sees no bubbles in housing
We're not sure why real rates have been declining globally for many years
The Fed would never say never on negative rates
We know less than we think about the labour market and full employment
Technology is going to impact productivity and will be another problem for people to deal with (he cited self driving cars and trucks)
Is alarmed that situations like Wells Fargo could have been going on for years without us knowing
Other policy makers have to step in and do their bit
The US is still seen as a safe bet for investors
Kashkari on the spot