Fed’s Kashkari: Have not seen wage growth nationally
President of the Federal Reserve Bank of Minneapolis, Neel Kashkari:
- 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 ton need to push China to open more markets to US businesses
- Very hard to game out where US trade dispute with China will end
more to come
K is speaking at a Q&A session
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