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Kashkari says all the Fed can do is keep inflation anchored

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"All we can do is keep inflation expectations anchored and manage some of the ups and downs on that journey," he said.
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, expressed confidence that inflation expectations remain well-anchored despite recent fluctuations in inflation rates, as reported by Fortune on April 13, 2025. Speaking at an event in New York, Kashkari emphasized the Fed's commitment to achieving a 2% inflation target and indicated that the central bank is prepared to adjust interest rates if necessary to maintain price stability. He also commented on the potential economic impacts of former President Donald Trump's proposed tariffs, suggesting that such policies could lead to higher inflation and necessitate a more hawkish stance from the Fed. Kashkari's remarks underscore the ongoing challenges the Fed faces in navigating economic policy amidst political and economic uncertainties.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/13/neel-kashkari-fed-rates-inflation-expectations-anchored-trump-tariffs/ ]