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Federal Reserve's Kashkari: Inflation Still Too High, But Labor Market Showing Signs of Cooling
By: theblockbeats.news|2025/09/03 18:22:22
BlockBeats News, September 4th: Federal Reserve's Kashkari stated that the Fed has not yet completed its work to bring inflation back to 2%. Inflation is still too high, but the labor market is showing signs of cooling. The Fed is facing a tricky situation related to its mandate.
Data indicates that the economy is slowing down and moving towards a soft landing. Tariffs have led to an increase in commodity inflation. The Fed heavily relies on government-published economic data. (Fx678 News)
The US 5-Year Treasury Yield Falls Below 3.68%, Hitting a New Low Since April
The probability of a 25 basis point interest rate cut by the Federal Reserve in September has risen to 96.6%.
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