Fed’s Kashkari says can’t stop short on inflation fight, its around 3%, need to get to 2%

Federal Reserve Bank of Minneapolis President Neel Kashkari is speaking at the University of Montana

Kashkari says that oil prices are creeping higher

  • the inflation rate is running atounf 3% and the Fed has to get back down to 2%
  • says the bank cannot ‘stop short’ on the inflation fight
  • says the labour market is not ‘red hot’ like it was 12 months ago but its still tight


  • says crypto is just a
  • its not being used in
    daily lives;
  • crypto is too volatile to be a store of value;
  • not an inflation

This article was written by Eamonn Sheridan at www.forexlive.com. Source