The Latest Breaking News from Neel Kashkari

A run of strong economic data and signs that inflation remains stubbornly high could lead the Federal Reserve to raise its benchmark rate higher in the coming months than it has previously forecast, several Fed officials say

"All things being equal, that means we'd have to do more with our other tools," Minneapolis Fed President Neel Kashkari says.

The price of frozen lasagna is a great way to measure inflation, according to a Federal Reserve official.

MINNEAPOLIS — One of Neel Kashkari's unofficial barometers of inflation is a big tray of frozen lasagna.

“Why did we miss it?” Minneapolis Federal Reserve president Neel Kashkari wrote in a Wednesday article when discussing the rise of inflation. His answer: “surge pricing inflation.”

The solid U.S. jobs report for October underscores why the Federal Reserve needs to keep raising interest rates higher than it had previously forecast to control inflation, says Neel Kashkari, president of the Federal Reserve Bank of Minneapolis

When interest rates go up, bonds go down. Investors’ expectation that more interest rate hikes are ahead also leads to the selling of fixed-income instruments. 

The Fed's consistent rate hikes have wreaked havoc across markets. However, fundamentally solid stocks Pfizer (PFE) and CVS Health (CVS) survived the market volatility pretty well. While these stocks are good additions to your portfolio, you would have benefited more had you invested in them earlier. Read on….

The Dow Jones fell as Fed official Lisa Cook touted rate hikes. Marijuana stocks such as Tilray jumped on a Joe Biden move. GE stock fell.

Federal Reserve Governor Lisa Cook says more interest rate increases will be necessary to wrestle inflation under control

July inflation came lower than expected, providing some relief to the investors’ concerns. However, the Fed intends to continue with its rate hikes, and the chances of a potential recession cannot be ruled out. The retail industry has outperformed the broader market over the past month, and we think investors…