Fed's Kashkari says officials should consider yield-curve control as a potential tool

(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said the U.S. central bank should look into controlling the yield curve as a potential tool for monetary policy, similar to an approach used by the Bank of Japan. Kashkari echoed an idea mentioned by Fed Chair Jerome Powell earlier this week that policymakers may want to consider short-term yield curve control. "It’s worth analysing the potential of yield curve control as yet another policy tool," Kashkari said in..