Economy · News reference

Fed's Kashkari Says I Dissented Against FOMC’s Policy Action This Week Because I Preferred To Raise Target Range For The Federal Funds Rate By 0.25%; Series Of Supply Shocks Have Been Responsible In Part For Inflation; More Recently Data Center Investments Have Added New Demand Element To Inflation; Increasingly Believe Monetary Policy Has Role To Play In Addressing Successive Supply Shocks That Might Lead To Entrenched Inflation; Monetary Policy Can Look Through Individual Supply Shocks