FinanceNewsAPI
Minneapolis Fed President Neel Kashkari says he expects a rate hike this year - CNBC
Overview
Minneapolis Federal Reserve President Neel Kashkari said he now expects one interest-rate increase this year, citing persistent inflation pressures that are weighing on the economy. He framed the shift as a response to spiking prices and incoming data rather than a change in longer-run policy goals. Kashkari’s view adds to market expectations for tighter policy and contrasts with recent Fed messaging that has emphasized looking through temporary oil-driven price moves. His comments tie into broader concerns about recent inflation readings and the FOMC’s data-dependent stance.
Entities
ORGCNBCORGFederal ReserveORGMinneapolis Federal Reserve
Relationship Graph
Click a connection line between nodes to view confidence and evidence.
Nodes: 5 · Connections: 4
Caused by
Led to
Related to
Same event
Press enter or space to select a node. You can then use the arrow keys to move the node around. Press delete to remove it and escape to cancel.
Press enter or space to select an edge. You can then press delete to remove it or escape to cancel.
Click a connection for evidence · click a node to open it
Select a connection to see why these events are linked.