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globalreutersMay 7, 20241 Mins read
Fed’s Kashkari: Too soon to declare we are stalled out on inflation
globalreutersMay 7, 20241 Mins read - Inflation where it is now is not the new normal, the Fed will achieve 2% inflation
- If we need to hold rates for an extended period, or raise rates, we will do that
- Rate cut this year is still a possibility
- I disagree the Fed should raise inflation target
- If inflation moves sideways and labor market stays strong, we shouldn’t do anything on rates
This article was written by Adam Button at www.forexlive.com.
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