Federal Reserve Bank of Minneapolis President Neel Kashkari is participating in a town hall and Q&A at Montana Chamber of Commerce:
- inflation is above 2%, have to get it back to 2%
- we want to keep strong labour market
- we need to go slow until we know what’s happening with tariff-related inflation
- some of the effects of tariff-driven inflation delayed; there will be some effect
- independent monetary policy generally leads to lower inflation, better labor market
- Fed does its best to make decisions based on data and analysis, not politics
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This article was written by Eamonn Sheridan at www.forexlive.com.
