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Wednesday, 05/29/2024 9:23:01 PM

Wednesday, May 29, 2024 9:23:01 PM

Post# of 27906
Fed President Kashkari: Immigration Surge Keeps Inflation and Interest Rates Sky-High

Kashkari, who runs the Federal Reserve Bank of Minneapolis, said he’s not ready to consider cutting rates until he sees “several months of real progress on inflation.” The flood of immigrants, he argued, is hindering that progress.
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