Business
Kashkari of the Fed says we cannot stop in the fight against inflation, it is around 3%, we must reach 2%
Federal Reserve Bank of Minneapolis President Neel Kashkari speaks at the University of Montana
Kashkari says oil prices are gradually increasing
- the inflation rate reaches 3% and the Fed must go down to 2%
- says bank can’t ‘stop’ in fight against inflation
- says job market isn’t ‘hot’ like 12 months ago, but remains tight
More:
- says crypto is just a toy
- it is not used in daily life;
- crypto is too volatile to constitute a store of value;
- not a hedge against inflation
This article was written by Eamonn Sheridan at www.forexlive.com.
cnbctv18-forexlive