Currently a voting member but a dove
Fed's Kashkari is speaking on a panel at Winona State University's Town Hall Forum, in Minnesota and comments are starting to trickle in.
So far his comments are about the Fed staff, saying:
- Trump is making thoughtful, reasonable appointments to Fed Board
- He is positive about how Fed staffed and where it is heading.
Kashkari is a dove on the Fed board although he is likely to go along with a hike in December. He has said he would like the Fed to hold off on tightening until inflation was above 2% and that the hikes may have slowed the recovery.
So if comments do trickle in, don't expect them to be overly hawkish.
UPDATE:
True to form (and bias)
- Sees no reason to tap the brakes on the economy
- Sees no reason to raise rates when inflation continues to run low.