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Fed's Kashkari: Jobs report shows why more rate hikes needed

Por: ABC News Business November 05, 2022

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WASHINGTON -- The solid U.S. jobs report for October underscores why the Federal Reserve needs to raise interest rates higher than it had previously forecast in order to control inflation, Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said Friday.In an interview with The Associated Press, Kashkari said that at the Fed’s next meeting in December he expects to issue a higher forecast for where the central bank's... + full article



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