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Fed Kashkari: Need to pay more attention to real inflation

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2024-05-15 16:34:08
Federal Reserve Kashkari said that the Federal Reserve is paying attention to the underlying demand in the economy to reduce inflation; more attention needs to be paid to actual inflation; the resilience of the housing market has been higher than expected; currently, I am very focused on the impact of housing on US inflation; the important question is how restrictive the current policy is.
Federal Reserve Kashkari said that we may need to maintain interest rates at current levels for a while longer to understand the direction of inflation; the Fed's balance sheet reduction is going well.
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