May 10, 2024, 3:35 PM
May 7, 2024, 1:32 PM
Fed's Kashkari reevaluates impact of policy on inflation
- Minneapolis Federal Reserve President Neel Kashkari questions whether current monetary policy is enough to return inflation to the 2% target.
- Kashkari sees signs of inflation settling at a level above the Fed's target, particularly in the housing sector.
- He suggests that wrong estimations of policy impact could be influencing the observed economic data.
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