Fed’s Kashkari Not Seeing Dislocation That Merits Intervention

Minneapolis Fed President Neel Kashkari.Photographer: Anita Pouchard Serra/Bloomberg
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Federal Reserve Bank of Minneapolis President Neel Kashkari said he’s not seeing stresses in the Treasury market that would merit an intervention by the US central bank.

“I’m not seeing big dislocations yet, I’m seeing some stresses but markets seem to be adjusting OK so far,” Kashkari said Friday in an interview with CNBC.