Fed's Kashkari: Its appropriate to normalise policy, take foot off gas to deal with high inflation By Frank_Macro Fed Inflation
The Fed will be watching the data over the next six months to make sure inflation is coming back down, Kashkari proclaimed. Most forecasters see inflation falling to about 3.0% YoY by the end of 2022, he noted, saying that his guess was that, by the end of the year, the Fed won't be back at its 2.0% inflation target, but will be well on its way there.
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