Minneapolis Fed President Neel Kashkari said that the Fed has a responsibility to ensure that tariffs do not trigger persistent inflation, in response to Fed Chairman Jerome Powell's recent remarks. "We're just not sure right now whether this is a one-time or long-term impact on inflation," Kashkari said at a U.S. Chamber of Commerce event in Washington on Tuesday, "and it's our job at the Fed to make sure that doesn't have a longer-term impact." ”
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The Federal Reserve (FED) official Kashkari: We must ensure that tariffs do not trigger sustained inflation.
Minneapolis Fed President Neel Kashkari said that the Fed has a responsibility to ensure that tariffs do not trigger persistent inflation, in response to Fed Chairman Jerome Powell's recent remarks. "We're just not sure right now whether this is a one-time or long-term impact on inflation," Kashkari said at a U.S. Chamber of Commerce event in Washington on Tuesday, "and it's our job at the Fed to make sure that doesn't have a longer-term impact." ”