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Minneapolis Fed President Says US Economy Shows Mixed Signals Amid High Inflation

Neel Kashkari of the Minneapolis Federal Reserve Bank notes persistent inflation is straining employment despite some positive economic indicators.

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Terms & Concepts
  • Federal Reserve Bank: The central banking system of the United States responsible for monetary policy, financial supervision, and economic stability.
  • Inflation: The sustained increase in the general price level of goods and services in an economy over time, reducing purchasing power.