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Gina Smilick

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  1. Milken Institute20 min

    Neel Kashkari, President & CEO, Federal Reserve Bank of Minneapolis | Global Conference 2024

    Neel Kashkari, Jeanna Smialek, Gina Smilick

    Federal Reserve President Neel Kashkari asserts that the U.S. economy is currently experiencing resilient growth and a higher neutral interest rate than anticipated, complicating the path to the 2% inflation target. Consequently, the central bank is maintaining a restrictive policy stance by keeping rates unchanged to gather more data, with rate cuts contingent only on renewed disinflation or a weakening labor market. Kashkari emphasizes that these decisions remain strictly data-driven and politically neutral, prioritizing long-term price stability over short-term market expectations or political cycles.

Gina Smilick: Interviews, Talks and Panel Discussions