Fed's Kashkari: Reducing immigration to U.S. will slow economic growth

Minneapolis Fed President Neel Kashkari gave additional remarks in the last hour, with the key quotes, via Reuters, found below:

• Today's innovations, like Facebook, Twitter, don't move the needle much on the overall economy
• Reducing immigration to U.S. will slow economic growth
• If businesses are really struggling to find workers, they will raise wages
• He believes shrinking the Fed's balance sheet will be orderly, have little impact on markets
• Higher wages can't solve affordable housing problem; regulations are keep housing supply from increasing