Fed's Kashkari: Fed is in a much better position to lift inflation now that rates are on pause

Minneapolis Fed Pres. Kashkari speaking.

the Minneapolis Fed Pres. Kashkari is the next Fed speaker to cross the newswires. He saysi:

• Business investment is low because of nervousness over tariffs
• Improvement in trade tensions could lead to gains in optimism
• It's not in his current forecast to see a recession in the next year or 2
• Fed is in a much better position to lift inflation now that rates are on pause

Kashkari is a voting member on the 2020 Federal Reserve board