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.

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