Fed’s Kashkari: Would probably be in favor if Fed decided on October rate cut

More comments are crossing the wires from the Minneapolis Fed President Kashkari comments, as he now speaks to the CNBC TV.  

We should put yield curve control into our toolbox.

Balance sheet growth should not be confused with QE, which was designed to move down long-term rates.

We have to figure out what is the right growth rate of our balance sheet that isn't about stimulating the economy.

Would probably be in favor if Fed decided on October rate cut.

Over the long term, we still have evidence that the economy will grow at around 2% and we're drifting back to that level.