Reported 2 days ago
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, expressed confidence in market stability amid fluctuating trade policies under President Trump, emphasizing the Fed's primary responsibility is to keep inflation expectations anchored. He noted that U.S. trade and fiscal policies will influence Treasury yields and that the Fed intends to maintain its policy rate to prevent a rise in inflation, despite potential softening in the labor market.
Source: YAHOO