May 22, 2023

Fed’s Kashkari: It is a shut name on whether or not to boost or pause in June

Not seeing proof that banking stress is doing Fed’s job on inflation
Fed has to maintain moving into battle towards inflation
Companies inflation appears “fairly darn entrenched”
It could be that we’ve got to go north of 6% however that is not clear but

There appears to be some differing opinions on the Fed presently however the comment on 6% charges is actually reflective of extra hawkish sentiment than what markets are pondering proper now. USD/JPY is on the highs for the day now at 138.09 presently.

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Justin Low

Fed’s Kashkari: It is a shut name on whether or not to boost or pause in June

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