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Kashkari, Neel on 2017 September 5 at 12:30

These premature rate hikes that we are embarking on, they’re not free, and I think we need to remind ourselves of that.

“It’s very possible that our rate hikes over the past 18 months are leading to slower job growth, leaving more people on the sidelines, leading to lower wage growth, and leading to lower inflation and inflation expectations,” Kashkari said Tuesday during a talk at the University of Minnesota in Minneapolis. “These premature rate hikes that we are embarking on, they’re not free, and I think we need to remind ourselves of that.” Kashkari, Neel

University of Minnesota

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