- Fed's Kashkari: Need to bring economy back into balance with rate hikes, don't know how many that will take
Market news
28 January 2022
Fed's Kashkari: Need to bring economy back into balance with rate hikes, don't know how many that will take
Federal Reserve Bank of Minneapolis President Neel Kashkari said that the Fed needs to bring the US economy back into balance by raising interest rates a little bit. We don't know how many interest rates hikes it will take, he added, saying that we (the Fed) are adjusting as the data comes in.
Market Reaction
There was no reaction to Kashkari's remarks.
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