Fed's Kashkari: Fed is not forecasting a recession, but expects more sluggish US growth

Minneapolis Fed President Neel Kashkari is on the wires now, via Reuters, making a scheduled speech on the US economy in Montana town hall.

Key Headlines:

Federal Reserve is not forecasting a booming US economy

Fed expects more sluggish growth in US economy

Not forecasting a recession

Unclear what will happen with Brexit in future

Brexit fallout could affect Fed policy

May take years to clarify fallout from Brexit