Neel Kashkari

President/CEO Federal Reserve Bank of Minneapolis

41 stories

21 quotes

Nonetheless, the diagnosis is profoundly important for the Fed and other central banks to try to then calibrate the appropriate path to monetary policy,
The inflation that the American people are feeling every day is much beyond just oil prices — it’s in all aspects of the economy,
Inflation has been elevated relative to our 2 percent target for more than five years,
I'm simply saying I don't see evidence of monetary policy [being] marginally restrictive right now, and I think we have more work to do to get inflation back down. And I would rather get going now in small steps than wait till later, then we have a really entrenched inflation problem and have to raise rates aggressively,
In my view, a potential series of small policy moves would be better than waiting and eventually concluding that even bolder actions were necessary,
The other really important factor is just that we've had elevated inflation for five years. That affects my willingness to look through ​what otherwise should be a temporary supply shock,

Earlier

In the Market: Wall Street’s banking on next Fed chair to stand up to Trump

Reutersreuters.com/business/finance…

This week's meeting — one of eight the Fed holds each year — will be overshadowed by the bombshell revelation earlier this month that the Justice Department has subpoenaed the Fed as part of a criminal investigation into testimony Powell gave last June about a $2.5 billion building renovation

The Independentindependent.co.uk/news/fed…

Tackling affordability, ICE polling, the smell of fear: Catch up on the day’s stories

CNNcnn.com/2026/01…

Meanwhile, the ​Supreme Court could rule on Trump's tariffs today, another trio of Wall Street banks is reporting earnings, and currency markets are back on yen-intervention watch as the ‌prospect of a snap election next month turbocharges the so-called "Takaichi trade"

Reutersreuters.com/business/finance…

Saks Global files for bankruptcy amid luxury market strains

CNNcnn.com/2026/01…

Meanwhile, the ​Supreme Court could rule on Trump's tariffs today, another trio of Wall Street banks is reporting earnings, and currency markets are back on yen-intervention watch as the ‌prospect of a snap election next month turbocharges the so-called "Takaichi trade"

Reutersreuters.com/business/finance…

NASA to attempt first medical evacuation from ISS

CNNcnn.com/2026/01…

Meanwhile, the ​Supreme Court could rule on Trump's tariffs today, another trio of Wall Street banks is reporting earnings, and currency markets are back on yen-intervention watch as the ‌prospect of a snap election next month turbocharges the so-called "Takaichi trade"

Reutersreuters.com/business/finance…