Fed Kashkari: I don’t see how we can stop if underlying inflation doesn’t flatten out

Minneapolis Fed President Neel Kashkari said yesterday, “I’ve said publicly that I could easily see us getting into the mid-4%s early next year.” “But if we don’t see progress in underlying inflation or core inflation, I don’t see why I would advocate stopping at 4.5%, or 4.75% or something like that,” he added. “We need […]

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