Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook

Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook

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Minneapolis Federal Reserve President Neel Kashkari said Tuesday that explosive jobs growth in January is evidence that the central bank has more work to do when it comes to taming inflation. That means continuing to raise interest rates, as he sees a likelihood that the Fed's benchmark borrowing…

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