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Published 2 months ago

Fed’s Kashkari: Unsure if Fed has hiked enough to bring inflation to target – CNBC

Summary by Ground News
Kashkari said he is not yet ready to say rates have been lifted enough to get inflation back to the 2% target. He said he expects the U.S. central bank to hold rates steady next year. Kashkari spoke in the wake of last week's Fed meeting that left the central bank’s federal funds rate unchanged.

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