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Fed Kashkari: We cannot be overly persuaded by one month’s data

Fed Kashkari: We cannot be overly persuaded by one month’s data
Minneapolis Fed President Neel Kashkari said yesterday, “I need to be convinced that inflation has at least stopped climbing, that we’re not falling further behind the curve, before I would advocate stopping the progression of future rate hikes,” adding, “we’re not there yet.” Kashkari acknowledged that October CPI data provided “some evidence that inflation is […] The post Fed Kashkari: We cannot be overly persuaded by one month’s data appeared first on Action Forex... Read More
Posted: Nov 18 2022, 05:02
Author Name: actionforex
Views: 092111

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