Fed’s Kashkari Says Tariff Shock Brings Stagflation Risks
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, emphasizes the stagflationary risks associated with tariffs in a recent interview. He noted, “There is no question the shock of tariffs is stagflationary,” stating that the intensity of this effect largely hinges on the levels and duration of the trade levies. Kashkari was featured in a conversation with Haslinda Amin on Bloomberg Television, where he elaborated on how tariff fluctuations can reverberate through the economy. His insights aim to help investors and analysts understand the complexities of monetary policy amid changing trade landscapes. Stay updated with the insights shared at entreprenerdly.com.