Kashkari: US Inflation Still Too High Across All Sectors
Minneapolis Fed President Neel Kashkari said inflation is too high across all areas of the US economy, not only in oil prices, Reuters reported.
Minneapolis Federal Reserve President Neel Kashkari said inflation remains too high in all aspects of the US economy, not just in rising oil prices, according to Reuters.
The Fed official's comments indicate that broad-based price pressures are still a concern for policymakers. He described the inflation problem as extending beyond the oil market and affecting all sectors of the economy.
The remarks were reported by Reuters and highlight the central bank's continued attention to inflation across multiple sectors.
Source: FXStreet Forex News