Fed’s Kashkari Says Inflation Still “Much Too High” as Energy Shock Spreads

Federal Reserve Bank of Minneapolis President Neel Kashkari warned that inflation remains the Fed’s primary concern despite growing uncertainty surrounding the global economy and Middle East conflict. Speaking at the Bank of Japan-IMES Conference in Tokyo, Kashkari said inflation in the United States is still “much too high,” while the labor market remains in “decent […]

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