The headline comments from Neel Kashkari, head of the Federal Reserve Bank of Minneapolis are here from earlier
Reuters have a recap up already on the web with some more detail
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For those of us who like to classify Fed officials like Kashkari as doves or hawks (mea culpa) Kashkari has some words of advice -
- said he does not consider himself either a monetary policy dove with a preference for lower rates or a hawk who leans toward higher rates... Instead, he said, he watches inflation, inflation expectations, and the unemployment rate for clues on the optimal setting for interest rates
Mmm. Righto then. (He's a dove :-) )
