Bloomberg Talks
Neel Kashkari Talks Inflation, Interest Rates
May 8, 2024
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, discusses the possibility of a rate cut, maintaining a focus on bringing inflation down to 2%. Topics cover factors influencing disinflation, monetary policy adequacy, interest rate considerations, and communication challenges regarding Fed actions amidst economic fluctuations.
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Quick takeaways
- Federal Reserve aims to bring inflation down to 2%, open to rate cut possibilities.
- Data-driven decisions and effective communication vital for understanding inflation trends and guiding policy actions.
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