Kashkari: Fed should intervene only reluctantly, still needs to finish job on inflation

Neel Kashkari, President of the Minneapolis Fed, advised that the Federal Reserve’s intervention in markets must be hesitant and only in genuine emergencies. He highlighted the importance of maintaining confidence in the Fed’s commitment to controlling inflation.

Recent market fluctuations, particularly rising Treasury yields and declining stock prices, reflect investor concerns. Interestingly, the dollar’s decline suggests shifting investor preferences contrary to expectations during tariff announcements.