Minneapolis Fed President Neel Kashkari says it could be costly for the Fed to try to constrain the stock market.
The Fed's Neel Kashkari says he keeps voting against interest rate hikes because of low inflation and troubling bond market signals.
The Federal Reserve had been expected to raise its benchmark interest rate a quarter point to a target range of 1.25 percent to 1.5 percent.
Minneapolis Federal Reserve Bank President Neel Kashkari on Monday signaled he may once again dissent of the Fed raises rates in December.
Kevin Warsh, incumbent Janet Yellen, Jerome Powell and Gary Cohn are the current leaders for chair of the Federal Reserve.
Jim Grant also says Trump wants a "great, big booming economy" and therefore wants an "easy Fed."
Gold fell to its lowest in seven weeks on Tuesday after strong U.S. economic data reinforced expectations of another interest rate rise.
Minneapolis Fed President Neel Kashkari contends that the Fed has driven down inflation expectations by tightening sooner than it should.
The Fed is getting more dovish in the face of weak inflation data, reducing the likelihood of a third rate hike this year, which traders already see as very unlikely.
Trump's economy is caught in the crossfire, and growing slower because of it, says Vox's Matt Yglesias.