Kashkari spoke with reporters
- Economy getting closer to full employment but inflation going the wrong way
- It's concerning inflation is going in the wrong direction
- May be more slack in the labor market, wage growth could pull in more workers
- It's encouraging that colleagues will put out balance sheet plan soon
- Hard to see US economy achieving 3% growth, given demographics
- Hard to believe there would be a spike in inflation, not so concerned about it
They're dovish comments, no doubt but maybe not as dovish as you would expect from a guy like Kashkari, who has dissented before. He's still on the fence about June. If a hike wasn't going to happen, I'd expect people like Kashkari to have jumped ship by now.
