November 11, 2024

Fed’s Kashkari Says Economy Strong, But Inflation Not Vanquished

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Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the central bank progressed in beating back inflation, but the Fed was still “not all the way home.”

“We need to finish the job,” Kashkari said Sunday on CBS’s Face the Nation. “We want to have confidence that inflation is going to go all the way back down to our 2% target.”

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