Fed’s Kashkari says soft inflation readings are ‘concerning

• May 23, 2017
• realestate
• Business & Markets, Real Estate Finance

Minneapolis Fed President Neel Kashkari on Tuesday sounded in no hurry to raise short-term interest rates. Kashkari, who was the lone dovish dissenter against a March rate hike, told reporters recent soft inflation readings were “concerning” and said there still might be room to lower the unemployment rate without sparking price pressures