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Fed's Kashkari: hard to game out where US trade dispute with China will end

President of the Federal Reserve Bank of Minneapolis, Neel Kashkari is speaking at a Q&A session.

Key notes:

  • Have not seen wage growth nationally
  • likely still some slack in labor mkt
  • immigration has benefitted the US tremendously
  • US has to avoid a trade war, must avoid a trade war with China 
  • Says he is sympathetic on need to push China to open more markets to US businesses
  • Very hard to game out where US trade dispute with China will end 

About Fed's Kashkari

Neel Kashkari took office January 1, 2016, as the 13th president and chief executive officer of the Ninth District Federal Reserve Bank, at Minneapolis. In 2017, he serves as a voting member of the Federal Open Market Committee

 

 


 

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