Fed’s Kashkari: Inflation is not being driven by wages

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Fed’s Kashkari: Inflation is not being driven by wages

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    Minneapolis Federal Reserve (Fed) President Neel Kashkari is out with a barrage of comments on the central bank’s inflation outlook, in his appearance ahead of Thursday’s Consumer Price Index (CPI) data release from the United States.

    The US Dollar Index is back in the red at around 110.25, down 0.25% on the day. The spot is unperturbed by the above comments.

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