Fed, Kashkari
Fed's Kashkari cites high risk inflation is "settling"
The strength of the U.S. housing market and potentially stalled progress on inflation means monetary policy may not be as tight as Federal Reserve officials think it is, Minneapolis Federal Reserve President Neel Kashkari said in a new essayon Tuesday that raises the possibility price pressures are "settling" to a level above the Fed's 2% target.
2don MSN
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