Kashkari says all the Fed can do is keep inflation anchored

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"All we can do is keep inflation expectations anchored and manage some of the ups and downs on that journey,” he said.

Asked whether markets are orderly, Kashkari replied, “They are,” adding that volatility is to be expected as market participants “grasp for where is all this going to settle.“But markets are functioning, transactions are happening and so I anticipate that’s going to continue,” he said.

Kashkari was among Fed policymakers who signaled last week that they’re prepared to hold the Fed’s policy rate steady to minimize the risk that Trump’s tariffs trigger a persistent rise in inflation, even if the labor market softens further.

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Article Details

Author / Journalist: Tony Czuczka, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Federal Reserve Tariffs and trade Inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-13 @ 16:41:32 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 264 words

Reading Time: 2 minutes read

Sentences: 4 lines

Sentence Length: 66 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27844638

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