Fed’s Kashkari: if Congress passes a tax bill, Fed will update economic models

Fed’s Kashkari is speaking on a panel at Winona State University's Town Hall Forum, in Minnesota. Fed’s Kashkari is a voting member and a dove.

  • Fed’s Kashkari: pulling up the drawbridges on trade is a loser strategy for the us.
  • Trade has benefited the US economy greatly overall.
  • Fed’s Kashkari: if Congress passes a tax bill, Fed will update economic models, which may chang the path of interest rates.

Previous comments as follows:

Right now Fed does not see signs of an impending correction that will lead to a terrible crisis.
Doesn't think that raising interest rates to bring down the stock market is a good idea.
Sees no reason to tap the brakes on the economy.
Sees no reason to raise rates when inflation continues to run low.
Trump is making thoughtful, reasonable appointments to Fed Board.
He is positive about how Fed staffed and where it is heading. 
Would like the Fed to hold off on tightening until inflation was above 2% and that the hikes may have slowed the recovery.  

Fed’s Kashkari: would like the Fed to hold off on tightening until inflation was above 2%

Fed’s Kashkari is speaking on a panel at Winona State University's Town Hall Forum, in Minnesota. Fed’s Kashkari is a voting member and a dove. Comme
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