Neel Kashkari (President of the Federal Reserve Bank of Minneapolis) Speaking at a 'Town Hall' event in Minnesota
Coming through with the goods now .... economic outlook and policy outlook:
- Fed needs to keep trying to bring people back to labor force
- There is always a possibility of recession, but it is not our base case for this year
- Outlook is for moderate economic growth in US
- Fed wants to raise rates when the economy can sustain it
- You will see the Fed raise rates when the data allows it
via Reuters