Fed's Kashkari says there may still be labor market slack
Neel Kashkari is President of the Federal Reserve Bank of Minneapolis
Speaking at a 'town hall' meeting. More:
- Wage data and prices suggest the US is not at full employment
- trade disputes are posing a risk to the economy
- corporate spreads are quite low
- yield curve is something I have been worried about
As I said yesterday (and many times before): K is towards the dovish end of the FOMC spectrum so please read his comments with that in mind.