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Fed’s Kashkari watching inflation, QE and Governance Impact

Unemployment data still irritate the U. S. economy as Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said that he is watching the labor market for signs of when millions of workers who were forced to leave their jobs during the pandemic will return.
Kashkari said that he expects high inflation to be transitory and the Fed’s short term interest rate target to remain at near zero until 2024.
In an interview with The Wall Street Journal, he also said that the issue of trading by Fed officials needs to be addressed.

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