US Fed's Kashkari: slack might still be in economy

Minneapolis Federal Reserve resident Neel Kashkari gave some comments during a Q&A session where he highlighted the economy's potential slack as wages remain supressed.

Key highlights

The labor market might still have some slack in it.

Wages growth still hasn't picked up.

The economy must be allowed to continue to strengthen.

Kashkari is watching the yield curve for signs of economic faltering.

Yield curve could completely flatten by the end of the year.