Federal Reserve Bank Of Minneapolis Ceo Says Inflation Very Worrying And Spreading Across Economy
Federal Reserve Bank of Minneapolis CEO and President Neel Kashkari said Sunday that the current inflation situation is “very troubling” and “spreading more broadly across the economy.” “It’s very concerning. We continue to get inflation readings, new data coming in just last week, and we continue to be surprised. It’s higher than we expect,” Kashkari said during an appearance on CBS’ “Face The Nation “. “And it’s not just a few categories....