Forex
globalreutersOctober 14, 20241 Mins read
Fed’s Kashkari: Economy in final stages of getting inflation back to 2%
globalreutersOctober 14, 20241 Mins read Minneapolis Fed Pres. Kashkari is speaking in Buenos Aires and says:
- Economy in final stages of getting inflation back to 2%.
- It’s unclear how restrictive monetary policy is.
- The job market remains strong.
- Recent jobs data shows labor market isn’t weakening quickly.
- Further modest rate cuts appear appropriate.
- Future path of monetary policy to be driven by data, economy’s performance.
This article was written by Greg Michalowski at www.forexlive.com.
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