Kashkari Says Data Since January FOMC Shown ‘Bit More Downside’

  • Minneapolis Fed chief says officials focused on dual mandate
  • Boosting job market will help lift inflation to 2%, he says

Why Haven't Wages Gone Up in America?

Neel Kashkari, the Federal Reserve Bank of Minneapolis’s new president, said the U.S. economy looks softer than expected in recent weeks and policy makers are "laser focused" on reaching their goals of price stability and maximum employment.

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