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Fed’s Kashkari: Economy in final stages of getting inflation back to 2%

Minneapolis Fed Pres. Kashkari is speaking in Buenos Aires and says:

  • Economy in final stages of getting inflation back to 2%.
  • It’s unclear how restrictive monetary policy is.
  • The job market remains strong.
  • Recent jobs data shows labor market isn’t weakening quickly.
  • Further modest rate cuts appear appropriate.
  • Future path of monetary policy to be driven by data, economy’s performance.

This article was written by Greg Michalowski at www.forexlive.com.

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