FED'S KASHKARI SAYS THERE IS 'NO SENSE MONETARY POLICY IS PROVIDING MUCH RESTRAINT AT THE CURRENT MOMENT', HE DOESN'T SEE MEANINGFUL TIGHTENING IN FINANCIAL CONDITIONS, AND THE ECONOMY HAS OUTPERFORMED EXPECTATIONS SINCE THE SEPTEMBER MEETING, ADDING THAT HE HAS SOME CONFIDENCE INFLATION WILL FADE 'BUT SHOCKS KEEP HAPPENING'.
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