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Minneapolis Fed President Neel Kashkari signaled a possible rate hike as inflation persists, driven by supply shocks in oil and fertilizer markets amid Middle East geopolitical stress. Business leader
Minneapolis Fed President Neel Kashkari warned that the Iran war risks higher inflation and economic damage due to Strait of Hormuz closures, limiting the central bank's rate guidance. Energy price su
Minneapolis Fed President Neel Kashkari warned that geopolitical risks threatening the Strait of Hormuz could spike oil prices and inflation, urging the Fed to consider rate hikes over cuts.
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