Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said he has concerns about inflation “ticking up again.
That’s what I’m worried about.” Photo: MIKE SEGAR/REUTERSA top Federal Reserve official said he would err on the side of overtightening monetary policy rather than not doing enough to bring inflation down to the central bank’s 2% target.
“Undertightening will not get us back to 2% in a reasonable time,” Neel Kashkari , the president of the Federal Reserve Bank of Minneapolis, said in an interview with The Wall Street Journal on Monday.
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Neel Kashkari, MIKE SEGAR, Undertightening, ” Neel Kashkari
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Locations:
Federal Reserve Bank of Minneapolis