News list for " shkali"
Federal Reserve Kashkari: The rise in US 10-year Treasury yields is not a cause for concern.
Federal Reserve Kashkari: The most important data today is the 4% unemployment rate. The current labor market remains good. The economy is strong and the outlook for businesses is optimistic.
Fed Kashkari: On US tariff policy, "we need to wait and see".
Mr. Kashkari said a rate cut in December was a reasonable consideration. The neutral rate could be higher and policy constraints less stringent. Geopolitical risks are the top consideration for the economic outlook. There was no comment on the Treasury nominee. The administration is needed to put the US on a sustainable fiscal path.
Fed Kashkari says it could take one to two years for inflation to fall to 2 percent, given the dynamics of the housing market; doesn't want to declare victory on inflation, but there are good reasons to be confident. A strong labor market is "encouraging" and the economy looks strong. If inflation picks up unexpectedly before December, that could put the Fed on hold. In a higher productivity environment, a higher neutral rate means the Fed has less room to cut rates. The Fed stops...
Fed's Kashkari: The strong labor market is "encouraging" and the economy looks strong. If inflation picks up unexpectedly before December, that could put us on hold.
The US economy remains very strong as the Federal Reserve makes progress in taming inflation, but the central bank is "not finished", said Mr. Kashkari. Mr. Trump's pledge to deport illegal immigrants on a large scale has raised questions about the likely impact on the economy and labour market. Mr. Kashkari said the deportation of migrants could cause "...
Federal Reserve Kashkari: We definitely want to avoid a recession, we have seen signs of weakness in the labor market, which is why the Federal Reserve cut interest rates by 50 basis points.
Federal Reserve Kashkari: Signs of rapid labor market weakness could lead to faster rate cuts.
The Federal Reserve's Kashkari said an unexpected weakening in the labor force would lead to a reconsideration of interest rates; modest rate cuts are expected in the coming quarters.
