Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said he believes the U.S. central bank will need to keep interest rates where they are for an “extended period,” and possibly all of this year, to bring inflation down to the Fed’s 2% goal. The bar for a rate hike is high, he said,...
https://www.hellenicshippingnews.com/fed-may-need-to-hold-rates-steady-all-year-kashkari-says/