Fed’s Kashkari says if government shut down will do best we can with private data

Federal Reserve Bank of Minneapolis President Neel Kashkari:

  • In case of a government shut down that means we don’t have access to the usual data, we will supplement with the best private data that we have
  • you always have to do your best with the best data available, I’m confident we’ll be able to make decisions
  • that the yield curve is un-inverting is not necessarily bad news and it could be good news

Earlier:

More from Fed’s Kashkari: Rates probably have to a little higher, held there for longer

Fed’s Kashkari says there is still more to be done on services inflation

This article was written by Eamonn Sheridan at www.forexlive.com. Source