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Federal Reserve official Kashkari remarks on the U.S. economy, noting its resilience despite disinflation and some softening at the edges. He expresses optimism about the strong fundamentals and highlights the interest rate outlook's dependency on the economy's path.
⚠️ FED'S KASHKARI: U.S. ECONOMY HAS PROVEN TO BE REMARKABLY RESILIENT **WE ARE GETTING DISINFLATION DESPITE REMARKABLE ECONOMIC GROWTH **SOME EVIDENCE OF SOME SOFTENING AROUND EDGES OF THE ECONOMY
FED'S KASHKARI: OPTIMISTIC THAT FUNDAMENTALS OF THE ECONOMY ARE VERY STRONG.
FED'S KASHKARI: THERE IS SOME EVIDENCE OF SOME SOFTENING AROUND THE EDGES OF THE ECONOMY.