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Minneapolis Fed president on inflation uptick and when to cut interest rates

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Inflation came in higher than expected last month, raising concerns once again about its persistence. Some experts also worry that it could delay or prevent a series of interest rate cuts expected from the Federal Reserve later this year. Geoff Bennett discussed the latest with Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis.

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Category
U.S. & Canada
Tags
Federal reserve, inflation, interest rates
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