Fed's Kashkari: Recession not base case but risks risen quite a bit

Author: Greg Michalowski | Category: Central Banks

Minneapolis Fed Pres. Neil Kashkari

The Minneapolis Pres. Neil Kashkari speaks on CNN:
  • we probably need to pull back on interest rates
  • recession not base case, but risks risen quite a bit
  • signals on economy are mixed right now
  • businesses are spooked on investment due to trade war
  • better to be early than late responding to slow down
  • very few businesses blaming Fed for economic slowdown
Kashkari is not a voting member in 2019

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