Federal Reserve's Kashkari: A sufficiently large price shock could jeopardize inflation expectations, and the Fed may need to raise interest rates in a series of ways to maintain its credibility in upholding its 2% inflation target.

2026-05-01

Federal Reserve's Kashkari: A sufficiently large price shock could jeopardize inflation expectations, and the Fed may need to raise interest rates in a series of ways to maintain its credibility in upholding its 2% inflation target.