Federal Reserve Bank of Minneapolis President Neel Kashkari said Tuesday that any drastic cuts to interest rates would risk stoking inflation. “You would expect to see the economy have a burst of high inflation,” Kashkari warned during a panel discussion on artificial intelligence and the economy hosted by the Minnesota Star Tribune.
www.bloomberg.com
#Kashkari #Warns #Inflation #Drastic #Rate #Cuts
Kashkari Warns of Inflation From Drastic Rate Cuts
