TechFlow, May 27 — According to Jinshi Data, Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, said in Tokyo on Tuesday that tariff negotiations could take months or even years to fully conclude. The impact of taxes on intermediate goods takes time to transmit through the economy, and the risk of unanchored inflation expectations increases over time. He believes these factors support the Fed maintaining its current interest rate policy until the trajectory of tariffs and their impact on prices becomes clearer. Kashkari emphasized that safeguarding long-term inflation expectations is crucial, noting that U.S. inflation has exceeded the 2% target for four consecutive years and vigilance must be maintained.
Add to Favorites
Share to Social Media
