Fed's Kashkari says deportations could disrupt labor for business

WASHINGTON, Nov 10 - Widespread deportation of foreign-born workers from the United States probably would disrupt some businesses, but the impact on inflation and the broad economy would depend on the details, Minneapolis Federal Reserve President Neel Kashkari said on Sunday.

"The implications are not entirely clear to me," Kashkari added."Ultimately it is going to be between the business community and Congress and the executive branch to figure out how they would adjust." "We want to have confidence that inflation is going to go all the way down to our 2% target," from its current level around half a percentage point above that, Kashkari said.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Fed's Kashkari: any surprise job market weakness could trigger rethink of rate-cut paceMinneapolis Federal Reserve Bank President Neel Kashkari on Monday repeated he expects 'modest' interest-rate cuts over the coming quarters, though a sharp...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Jordan Finneseth Joins Kitco Crypto as a Market ReporterKitco NEWS welcomes Jordan Finneseth as its newest crypto market reporter. With a background in Psychology and a passion for the cryptocurrency space, Jordan brings valuable insights to our team.
출처: KitcoNewsNOW - 🏆 13. / 78 더 많은 것을 읽으십시오 »