tweet at 9:00am: KASHKARI: FED TO HOLD OFF ON RATE RISE UNTIL ROUGHLY YEAR OF 2% CORE INFLATION tweet at 9:00am: KASHKARI: FED HAS OFTEN MISREAD LEVELS OF MARKET SLACK tweet at 9:01am: Fed's Kashkari says he wanted stronger commitment to zero interest rates, wanted the Fed to vow to wait on rate hikes until core inflation is at 2% for roughly a year $USDWhy I Dissented I strongly support the new Statement on Longer-Run Goals and Monetary Policy Strategy1 that the Federal Open Market Committee has adopted. It incorporates the lessons we have learned from the prior recovery and gives the Committee sufficient flexibility to make up for periods of low inflation in order to achieve our dual mandate goals. However, I voted against the FOMC’s September 16, 2020, policy statement because, while I believe the statement is a positive step forward in putting those lessons into practice, I would have preferred the Committee make a stronger commitment to not raising rates until we were certain to have achieved our dual mandate objectives.

tweet at 8:40am: (NON-VOTER) FED'S BOSTIC: WE ARE DEFINITELY SEEING SIGNS OF THE ECONOMY SLOWING. tweet at 8:35am: Fed’s Bostic: Wait For Evidence Of Overheating Before Taking Action - BBG TV - Comfortable Above 2% Inflation But Will Look More At Trajectory Than Level tweet at 8:35am: Fed’s Bostic: Over Three Year Horizon Feels US Can Be Back On Robust Path - With Unemployment Approaching Very Low Levels Of Last Year tweet at 8:45am: BOSTIC: FED COMMITTED TO ECONOMY GROWING FASTER THAN OTHERWISE

video Data collected to supplement the Federal Reserve Board's seventh annual Survey of Household Economics and Decisionmaking showed that U.S. families were faring better ...