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Fed’s Kashkari Sees Need For New Policies To Boost Growth
One America News Network and Reuters ^ | 11/9/2016 | Ann Saphir

Posted on 11/09/2016 1:41:34 PM PST by tekrat

Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said he sees continued sluggish growth ahead for the U.S. economy, unless lawmakers and the president “get going” on policies to boost productivity and population.

Kashkari, who was a senior Treasury official under George W. Bush during the financial crisis, avoided direct comment on the policies or person of newly elected U.S. President Donald Trump, a Republican who campaigned on the promise of cutting taxes and lifting economic growth, or the Republican-controlled Congress.

“The Congress has said to the Fed we are going to leave you alone to set monetary policy and not interfere, and the quid pro quo is we are not going to get in their business,” Kashkari told business leaders in Eau Claire, Wisconsin. “We have worked very hard to steer clear of anything in terms of partisan politics.”

(Excerpt) Read more at oann.com ...


TOPICS: Government; News/Current Events
KEYWORDS: federalreserve; monetarypolicy

1 posted on 11/09/2016 1:41:34 PM PST by tekrat
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To: tekrat

Obama doesn’t like American growth.


2 posted on 11/09/2016 1:45:49 PM PST by Steely Tom ([VOTE FRAUD] == [CIVIL WAR])
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To: tekrat

Get rid of about half of the Federal employees as these people such resources and give nothing back. Get rid if the alphabet regulatory agencies that have become agenda tools for the human hating Left. Simple. (Yeah, easier said than done. Each agency is its own lobbyist. Once created they are as hard to kill as a movie monster.)


3 posted on 11/09/2016 1:46:17 PM PST by Gen.Blather (`)
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To: tekrat
Start by repealing Dodd-Frank and the absurd bureaucracy put in place to enforce it. Then quickly follow by repealing all the EPA's war on coal regulations. I don't know if complete repeal of Obamacare is possible today, but at a minimum it must be reformed to allow a free market system with repeal of the regulations, mandates and fines. I haven't read it all but Paul Ryan's reform program has lots of good ideas.

We really can get this economy moving again.

4 posted on 11/09/2016 1:48:11 PM PST by colorado tanker
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To: tekrat

Less than 24hrs after Trump won and now the economy is sluggish.


5 posted on 11/09/2016 1:49:41 PM PST by Terry Mross (This country will fail to exist in my lifetime. And I'm gettin' up there in age.)
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To: tekrat

8++ years late...


6 posted on 11/09/2016 1:52:09 PM PST by Son House (The American Recovery and Reinvestment Act of 2009; the Original Legislative Fraud.)
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To: Terry Mross

Amazing how fast it turns bad huh?


7 posted on 11/09/2016 4:07:47 PM PST by catbertz
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