Weekend – Fed’s Kashkari says Fed watching U.S.-China spat
Federal Reserve Bank of Minneapolis President Neel Kashkari in an interview with Fox on Saturday.
- he’s “sympathetic” to the need to press China to engage in fair trade
- it’s too soon to assess the full impact of the U.S.-China trade spat on the economy
- “We should all be paying attention” to the tariff threats being exchanged, given the large range of possible outcomes
- “This could be a lot of chest pounding” and not lead to a real impact on the economy, or “it could lead to a trade war”
- The end result may also be something in the middle
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“We should all be paying attention” sounds like good advice to me.
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