This is today's links post. The one link I want to highlight is the one on Neel Kashkari from the Wall Street Journal. The Minneapolis Fed President is considered a dove for having dissented on rate hikes under Yellen. However, after the Trump stimulus, he has become more hawkish and supports the Powell regime shift.
Kashkari joins Brainard, turns HawkishHere's the part I would highlight:
Mr. Kashkari had been outspoken last year against rate increases because of concerns they would hobble the economic expansion in the face of subdued inflation.
Congress and the White House approved tax cuts last December and federal spending increases in February that are “macroeconomically significant, and they are big enough to have an effect on the trajectory of the economy…that could change things in...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.