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Fed's Kashkari Gains Company in Concerns Over Raising Rates

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Fox Business

Neel Kashkari labored through much of this year as the most prominent Federal Reserve official opposed to raising short-term interest rates. Lately, he’s gained more company.

Mr. Kashkari, president of the Minneapolis Fed, has argued the central bank shouldn’t be raising borrowing costs when inflation persists below its 2% target. He cast the only votes against the Fed’s rate increases in March and June.

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