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Kashkari Says ‘Zero Sympathy’ for the Fed’s Wall Street Critics
Federal Reserve Bank of Minneapolis President Neel Kashkari said he has “zero sympathy” for critics on Wall Street who complain about the central bank’s aggressive support of the U.S. economy while millions of Americans remain out of work. “For my friends on Wall Street, and I have a lot of them, I hear from them all the time complaining about the Fed’s policies that are mucking up their trading strategies,” the former Goldman Sachs Group Inc. and Pacific Investment Management Co. executive told Michael McKee on Friday in an interview on Bloomberg Television. “I have zero sympathy -- because there are ... (full story)
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