Fed Official Kashkari: Must Ensure Tariffs Do Not Trigger Persistent Inflation
Jinse reports that Minneapolis Fed President Neel Kashkari stated that the Federal Reserve is responsible for ensuring that tariffs do not trigger persistent inflation issues, echoing recent remarks by Fed Chairman Powell. "We are just not sure if this will have a one-time effect on inflation or a long-term impact," Kashkari said at a U.S. Chamber of Commerce event in Washington on Tuesday. "Our job at the Federal Reserve is to ensure that this does not lead to a longer-term effect."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gnosis Chain: xDAI Bridge to Adopt USDS as Default Token on Ethereum Chain, Migration Effective June 8
Arizona Senate Approves Bitcoin Reserve Bill SB 1373 and Sends it to the Governor
Overview of Important Developments on the Evening of May 7
Revolut to Launch Bitcoin Lightning Network Payment Feature in European Market
Trending news
MoreCrypto prices
More








