The Zhitong Finance App learned that Minneapolis Federal Reserve Chairman Neil Kashkari said that the inflation rate is still too high, and inflationary pressure has gone beyond the oil price shock caused by the Middle East War. In an interview, Kashkari said, “The inflation that Americans feel every day is far more than just a rise in oil prices — it has spread to all aspects of the economy.”

Zhitongcaijing · 2d ago
The Zhitong Finance App learned that Minneapolis Federal Reserve Chairman Neil Kashkari said that the inflation rate is still too high, and inflationary pressure has gone beyond the oil price shock caused by the Middle East War. In an interview, Kashkari said, “The inflation that Americans feel every day is far more than just a rise in oil prices — it has spread to all aspects of the economy.”