Federal Reserve Bank of Minneapolis President Neel Kashkari created quite the stir on Tuesday.
Fed's Kashkari: No hurry to cut interest rates
Fed's Kashkari: Wage growth is still quite robust relative to 2% goal
What K actually said was a topic for discussion, Adam clarified the pertinent point in a tweet so I thought I'd share it:
The fact that K felt he had to say something about it is significant but overall it's a low-key comment.
With USD/JPY back above 157.00 I imagine there is much gnashing of teeth this morning in Japan. Expect some vderbal intervention today, at least.
