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Neel Kashkari stresses Fed's focus on stable inflation, not direct control over growth or unemployment.
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.
He clarified that while the Fed cannot directly control economic growth or unemployment, managing inflation expectations is crucial.
This focus on price stability, Kashkari argues, will indirectly support other economic health indicators.
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Neel Kashkari destaca el enfoque de la Fed en la inflación estable, no en el control directo sobre el crecimiento o el desempleo.