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Fed's Kashkari warns strong job market may require more rate hikes to curb inflation.
Federal Reserve official Neel Kashkari expressed concern over the labor market's strength, noting that wage growth and job creation remain elevated despite higher interest rates.
He warned that persistent labor market tightness could complicate efforts to bring inflation down to the Fed’s 2% target, suggesting further rate hikes may be necessary if economic data continues to show resilience in employment.
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Kashkari de la Fed advierte que un fuerte mercado laboral puede requerir más aumentos de tasas para frenar la inflación.