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Fed’s Kashkari says fiscal stimulus supports moving ahead with interest-rate tightening

“Minneapolis Federal Reserve President Neel Kashkari said recent steps by the federal government to stimulate economic growth, including tax cuts, make reaching a 2% inflation objective more likely” writes Rachel Koning Beals for marketwatch.com. That means the Fed can most likely move ahead with additional planned interest-rate hikes this year, he said in an interview with the Wall Street Journal published early Monday.
 
Source: marketwatch.com



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