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    24.02.2016 09:12 Minneapolis Federal Reserve President Neel Kashkari expects the U.S. economy to expand moderately

    Minneapolis Federal Reserve President Neel Kashkari said on Tuesday that he expected the U.S. economy to expand moderately.

     

    "The moderate economic outlook is still the base case for the U.S.," he said.

     

    Kashkari noted that further labour market improvement could lead to a rise in wages.

     

    Kashkari is not a voting member of the Federal Open Market Committee (FOMC) this year.


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