Kashkari: Inflation Too High in 'All Aspects' of US Economy — SkimNews
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- Kashkari told Fox News that inflation remains too high across "all aspects" of the US economy
- Kashkari warned inflation has spread beyond the oil shock and is now reaching all corners of the economy
Why it matters: Kashkari's view that inflation is broad-based across the economy — not just an oil-price phenomenon — supports the Federal Reserve maintaining its restrictive policy stance, keeping borrowing costs elevated until price pressures clearly recede.
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