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
Bitcoin price fills CME gap, but '$240M market dump' stops a $104K rebound

$RAVE unveils tokenomics, igniting the decentralized cultural engine of global entertainment
$RAVE is not just a token; it represents a sense of belonging and the power of collective building. It provides the community with tools to create together, share value, and give back influence to society.

Interpretation of the ERC-8021 Proposal: Can Ethereum Replicate Hyperliquid's Developer Wealth Creation Myth?
The ERC-8021 proposal suggests embedding builder code directly into transactions. Along with a registry, developers can provide wallet addresses through the registry to receive revenue.

ADP data sounds the alarm again: US companies cut 11,000 jobs per week
The government shutdown has delayed official employment data, so ADP data has stepped in to reveal the truth: in the second half of October, the labor market slowed down, and the private sector lost a total of 45,000 jobs for the entire month, marking the largest decline in two and a half years.
