Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data, labor market is 'pretty good'

Fed’s Kashkari says inflation ‘still too high’ despite lower PCE data than expected

Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday inflation remains “too high,” after the the Bureau of Economic Analysis (BEA) released data showing that annual inflation remained above the central bank’s 2 percent target in…

The Hill•Max Rego