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tariffsCBS News
•Business
Business & Economics
67% Informative
Neel Kashkari is the president of the Federal Reserve Bank of Minneapolis .
He says investors may now be saying America is no longer the most attractive place in the world to invest in the U.S. The Fed 's job is to keep inflation under control and not let it get unanchored, he says.
He adds that markets are searching for where are these trade negotiations going to end up.
All we can do is keep inflation expectations anchored and try to manage some of the ups and downs on that journey, but that destination is up to the executive branch and Congress , not the Fed .
Neel Kashkari: Tariffs push up prices and push down economic activity, and that's a challenging situation because the Fed simply does not have the tools to undo the economic effects of tariffs in a trade war.
The Fed 's job to make sure that it's only a one time adjustment in prices and nothing longer term.
VR Score
76
Informative language
77
Neutral language
64
Article tone
informal
Language
English
Language complexity
30
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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