Fed's Kashkari sees another rate hike, then a hold

Fed's Kashkari sees another rate hike, then a hold

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Minneapolis Federal Reserve Bank President Neel Kashkari said on Monday that given the surprising resilience of the U.S. economy, the Fed probably needs to raise borrowing rates further and keep them high for some time to bring inflation back down to 2%. "If the economy is fundamentally much…

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