More from Fed's Kashkari:We are not quite there on YoY inflation but getting there

<p>More from Kashkari:</p><ul><li>We do not think about politics, or the election, when we set interest rates</li><li>We are not quite there on Year over year inflation data, but 3-month and 6 month data is basically there</li><li>We are not done yet, on inflation, but data is looking positive</li><li>Most of the disinflationary gains have come from supply-side</li><li>The yield curve is not a reliable indicator of recession, because disinflation isn't being mostly caused by the Fed</li><li>I feel optimistic about the dollars wrong in the world.</li><li>The dollars value in the long run is a set by economic competitiveness</li><li>Household savings are being spent down more slowly than expected.</li><li>Delinquencies or creeping up, though from very low levels</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.