Home → News

Fed’s Kashkari says soft inflation readings are ‘concerning

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

Subscribe to Newsletter

Get weekly updates on mortgage rates, finance, lending and real estate.