Fed's Kashkari: Sharp rate cuts will trigger high inflation
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最新报道：According to Bijie.com and ME News, on October 8 (UTC+8), Federal Reserve Chairman Neel Kashkari (not a voting member this year) warned on Tuesday that any significant interest rate cuts carry the risk of triggering inflation. Kashkari stated, "You could see high inflation in the economy. Basically, if you try to push the economy faster than its potential growth and price-generating potential, you're just going to end up with rising prices across the board." He warned that given that economic growth is slowing and inflation is still ongoing, current economic data shows some signs of stagflation.
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