Tag Archives: Neel Kashkari

Fed’s policymakers began to reflect on the unexpectedly robust jobs report for January, a few hours before Chair Jerome Powell faces questions later on Tuesday on whether the NFP data has shaken his confidence that high inflation will come down without hawkish moves by the central bank to slow the …

Treasury yields advanced Wednesday morning, led by the 2-year maturity which reflects the near-term path of Fed’s policy, as investors digested hawkish comments from regional central-bank official Neel Kashkari.On Tuesday, Kashkari, president of the Minneapolis Fed, said that the central bank needs to push ahead with tightening monetary policy until …

Fed’s Neel Kashkari said while he is happier to see inflation surprised to the downside, the Fed is far far far away from declaring victory on inflation. He added that ”this doesn’t change my rate hike path”, and he is expecting 3.9% end of this year 4.4% end of next …

The USD/CAD pair is ending on North America session in the green territory by 0.8% following a final thrust to the upside in the US dollar. This development has taken the Canadian dollar to its lowest level since November 2020 amid rising concerns about the global economy and fears of …

Consumers grew a little bit more optimistic about inflation in April, though they still expect to be spending considerably more in the year ahead, a Federal Reserve survey released Monday shows. Inflation expectations over the next year fell to a median 6.3%, a 0.3 percentage-point decrease from the record high …

Federal Reserve Bank of Minneapolis President Neel Kashkari said on Friday that he sees the Federal Funds target range rising to 1.75-2.0% by the year’s end and that he sees the neutral rate of interest at 2.0%, reported Reuters. If inflation is enduring, the Fed will need to get modestly …