In an interview with CNBC on Friday, the President of the Federal Reserve Bank (FED) of Minneapolis, Neel Kashkarihe said that His work is to make sure that inflation expectations do not increaseaccording to Reuters.
Outstanding statements
“We still don’t see evidence that long -term inflation expectations are increasing.”
“Investors may believe that if the commercial deficit will decrease, the US may not be such an attractive investment.”
“There may be credibility in the history of a change in investor preferences.”
“I think we are quite far from the market conditions we saw during the pandemic.”
“Ultimately, we have the ability to manage some of these transitions, we can soften dislocations.”
“We cannot determine where the yields will finally be established, we can only soften the transition.”
“There were many good news under the surface on the CPI.”
“The effect of tariffs suggests that inflation will increase again, our work is to ensure that it does not become long -term inflation.”
“If we had not had 4 years of high inflation, I would feel more comfortable by adopting a review approach.”
“With still high inflation, it makes me nervous to adopt that unique review approach on the effect of tariffs on inflation.”
“At this time I do not see a systemic risk in private credit.”
“It is worth being attentive, but I don’t see a fundamental spark there.”
“Tariffs put Fed in a difficult position by increasing inflation and slowing down growth.
“Perspectives depend a lot on how tariff negotiations advance, how fast they proceed.”
“If they extend, you can have more time to reach the level of comfort necessary around inflation to lower rates.”
“I think that the intervention of the Fed or the Treasury should only be done in a reluctant way.”
“I think we should be cautious when taking measures that indicate a weakening of Fed’s commitment to reduce inflation.”
Market reaction
The US dollar fights to bounce after these comments. At the time of publication, the USD index was lowering 1.1% in the day to 99.77.
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.