Fed's Kashkari: Current posture of pausing on rates makes a lot of sense

In an interview with Fox Business Network, Minneapolis Federal Reserve President Neel Kashkari reiterated his dovish stance by saying that the current posture of pausing on rates "makes a lot of sense."

Key quotes (via Reuters)

• Looking at wage growth, GDP growth, consumer spending as key data points.
• Surprised that yield curve has started to invert.
• Wage gains signal consumer spending should be stronger in future.
• It's too soon to judge whether should raise rates next year.
• Wage growth is still not signalling inflation above 2%.