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flag Neel Kashkari stresses Fed's focus on stable inflation, not direct control over growth or unemployment.

flag Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, emphasized in an interview that the Federal Reserve’s main task is to keep inflation stable. flag He clarified that while the Fed cannot directly control economic growth or unemployment, managing inflation expectations is crucial. flag This focus on price stability, Kashkari argues, will indirectly support other economic health indicators.

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