A battle is shaping up at the Fed
The Fed's Kashkari explained by he dissented in a statement on Friday but he also spoke with Reuters and added some more details.
"I wish other people were joining me in my dissents, I'll say that," Kashkari said. "I think that there's more sympathy for my views, but maybe people aren't ready to take action."
The Fed's Kaplan on Friday also said he had weighed his decision more carefully after a string of disappointing inflation readings.
"In this job you make trade-off decisions; I think the fact that inflation of late has been more muted, for me, made me weigh those trade-offs much more carefully," Kaplan told reporters after a meeting of the Park Cities Rotary Club in Dallas.
I argued on Friday that the dovish comments from Kaplan warranted more attention from the market.
