Fed’s Kashkari: Inflation is advancing lower, labor market stays strong

Fed’s Kashkari: Inflation is advancing lower, labor market stays strong

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Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari mitigated markets late Monday, declaring the Fed’s data-dependent position and restating typical Fed policymaker talking points about the health of the UnitedStates economy, consistingof continuous alleviating of inflationary pressures and a still-healthy labor market inspiteof a near-term growth in the total joblessness rate…
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