FED's Kashkari confident in achieving inflation targets
Key Takeaways
- Neel Kashkari expresses confidence in the Federal Reserve's ability to achieve its 2% inflation target.
- The 2% benchmark has been challenged by elevated inflation rates post-pandemic, but trends are improving by mid-2025.
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, expressed confidence today in the central bank’s ability to reach its inflation targets amid ongoing economic uncertainty.
The Fed has maintained a 2% annual inflation target since formally adopting it in 2012, using interest rate adjustments and other monetary policy tools to guide economic stability without causing excessive market volatility.
U.S. inflation has been declining from post-pandemic peaks but continues to exceed the 2% benchmark in several key measures. Recent data indicate a cooling labor market that could influence future Federal Open Market Committee rate decisions.
Kashkari has historically advocated for higher interest rates to combat rising prices, particularly during periods of economic uncertainty in the early 2020s when inflation surged above target levels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BlackRock Buys 1,294 BTC Worth $151.8M in Latest Bitcoin Move
Optimus pharmaceutical factory photo raises doubts, Musk responds: It's fake
Tesla's humanoid robot project has sparked heated discussions again. An unknown pharmaceutical company made a high-profile announcement about a collaboration, but Elon Musk directly denied the authenticity of the on-site photos.

JPMorgan: The US Stablecoin Battle Could Be a Zero-Sum Game
JPMorgan's analysis indicates that the U.S. stablecoin market may face zero-sum competition, where newly issued stablecoins merely redistribute market share rather than expand the market. Tether plans to launch the compliant stablecoin USAT, while Circle is consolidating USDC's position through the development of the Arc blockchain. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative updates.

Trending news
MoreCrypto prices
More








