OctaFX | OctaFX Forex Broker
Open trading account
Back

Fed's Kashkari: Improvements in could lead to ginas in optimism

Speaking on Fox News, Minneapolis Fed chief, Neel Kashkari, has said that he is not in his current forecast to see a recession in next year or two. 

Key comments

  • Fed is in a much better position to lift inflation now that rates are on pause. 

More to come...

About Kashkari:

Kashkari (dove): Minneapolis Fed chief, Neel Kashkari, was advocating rate cuts as inflation was subdued. He will likely pipe down if commodity prices indeed head higher. Oil is now above $61bbls and that is something to monitor in 2020 considering the Chinese trade deal and OPEC+ accord. He argues, however, that the Fed should commit to not raising rates again until core inflation rises back to 2% on a sustained basis. 

  • Effects of a politicized Fed on markets during US election year

Fed's Evans: Expects the fed could go through 2020 without any interest rate changes

Fed's Evans has been crossing the wires and his latest statement, he says he expects the fed could go through 2020 without any interest rate changes.
Read more Previous

Fed's Bullard: Average inflation targeting would ‘make a lot of sense right now’

Fed's St. Louis James Bullard has been crossing the wires. "The United States has likely skirted the recession risks of last year, with businesses adj
Read more Next
Start livechat