Neel Kashkari on if the Bond Market Panic Will Impact How the Fed Handles Inflation: ‘I Don’t Think So’
‘There’s every indication that the U.S. Treasury market is functioning as it should’
RUSH EXCERPT:
KASHKARI: "I, don’t think so. As a mentioned or few moments ago, there’s every indication that the us treasury market is functioning as it should trades are taking place that there’s liquidity in the market, and so that enables us to focus on the federal funds rate as our primary policy tool to get inflation back down. And so I think we have the freedom to do what we need to do to achieve our goals. That Congress. Has assigned those"
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