Share on facebook
Share on twitter
Share on linkedin
Share on email

With Inflation Surging, Fed Might Hike Before They Cut

Here’s a surprise headline from a regional Fed president:

“That’s not my most likely scenario, but I also can’t rule it out,” Bush bailout chief turned Minneapolis Fed president Neel Kashkari said yesterday.

Why the change of tune? As we’ve reported, the data shows inflation accelerating again in recent months.

Kashkari posted this on the Minneapolis Fed website to back up his point:

No wonder voters think prices are rising again – even the Fed thinks so. Here’s the latest from pollster David Winston:

Unleash Prosperity Hotline


1155 15th St NW, Ste 525
Washington, DC 20005