One Fed President’s Call For National Lockdown Is Too Little, Too Late
A leading Fed official called for a national lockdown. Like most Fed proposals, it will do more harm than good.
Neel Kashkari
Fed’s Neel Kashkari Goes Greenspan on Bank Self-Regulation
Is it enough for the Federal Reserve’s Neel Kashkari to suggest banks raise loan-loss provisions by cutting corporate stock dividends? The answer is no.
FOMC Member Says V-Shaped Recovery Impossible Without Medical Miracle
Federal Reserve officials have become distinctly more pessimistic about the timeline for an economic rebound in the absence of a coronavirus vaccine.
Trump Tweets Not Influencing Monetary Policy, Insists Dovish Fed Banker
Monetary policymaker Neel Kashkari wants to make one thing clear. Neither he nor his colleagues in the Federal Reserve are swayed by President Trump’s tweets when it comes to deciding the fate of short-term interest rates. The president and CEO of the Fed Bank of Minneapolis was featured in an interview at the Yahoo Finance All … Read more
Kashkari: Federal Reserve Doesn’t Need to Protect Investors
Another Federal Reserve president has spoken out on interest rates. Neel Kashkari says there is no need for interest rate hikes right now but that the US Federal Reserve does not exist to protect investors. Though the stock markets are exhibiting “nervousness,” says Kashkari, investors have to figure out what to do next. We are … Read more