Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data, labor market is 'pretty good'
Posted by MarketsWire
Kashkari’s view matters because inflation remains a concern for the Fed even after softer-than-expected PCE data, which could affect expectations for interest rates and market conditions. His assessment that the labor market is still pretty good suggests the Fed may face less pressure to ease policy quickly. How are current inflation and employment trends affecting your investment decisions?