Fed's Kashkari Notes Cooling Job Market, Warns Inflation Remains Elevated

Federal Reserve official Neel Kashkari highlights a slowdown in employment growth while emphasizing that inflation levels are still above acceptable targets.

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Terms & Concepts
  • Inflation: The rate at which the general level of prices for goods and services rises, eroding purchasing power.
  • Federal Reserve (U.S. central bank): The central banking system of the United States, responsible for monetary policy and financial regulation.