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3 months ago
Fed's Kashkari sees room for improvement on inflation, jobs
April 11, 2017 / 6:37 PM / 3 months ago

Fed's Kashkari sees room for improvement on inflation, jobs

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FILE PHOTO: Minneapolis Fed President Neel Kashkari speaks during an interview at Reuters in New York February 17, 2016.Brendan McDermid

(Reuters) - Neel Kashkari, the chief of the Minneapolis Federal Reserve who was the lone dissenter on the Fed's rate hike last month, repeated Tuesday his view that there is still slack in the labor market and that inflation is still lower than it should be.

"I think in both cases we can do a little bit better," Kashkari said in a talk at the Minnesota Business Partnership that was otherwise largely focused on ideas for improving education for kids in low-income families.

Reporting by Ann Saphir; Editing by Chizu Nomiyama

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