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Kashkari: Unemployment Risk, Inflation Concerns
Published 1 week, 1 day ago
Description
Minneapolis Federal Reserve President Neel Kashkari warns of a potential rise in unemployment, despite expectations of a dip to 4.5% in December. He attributes recent inflation data issues to the government shutdown and believes inflation remains too high. Kashkari hopes Chair Jerome Powell stays on as a governor to maintain stability amidst Trumps push for deeper rate cuts and potential changes at the top.
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