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Federal Reserve’s Kashkari: In some cases, it may be necessary to raise interest rates, and he is open to concerns expressed by Worsh.
ME News, May 4 (UTC+8). Federal Reserve Kashkari said the Federal Reserve needs to keep an open mind about the future of its interest rate policy. The longer the war lasts, the greater the inflation pressure. In some cases, the Federal Reserve may need to raise interest rates even if the war is now completely over, since it could take months for the supply chain to recover. He is very concerned about the downside risks caused by the war. The Federal Reserve’s challenge is uncertainty about the inflation path. They look forward to cooperation after the confirmation of Wouce’s nomination and remain open to some of the concerns expressed by Wouce. (Source: PANews)