HOUSTON, TEXAS – AUGUST 15: Cartons of eggs are seen for sale in a Kroger grocery store on August … [+] 15, 2022 in Houston, Texas. Egg prices steadily climb in the U.S. as inflation conti...
Tag: Neel Kashkari
Alphabet Stock Plunge Erases $100 Billion After New AI Chatbot Gives Wrong Answer In Ad
Topline Shares of Alphabet slipped on Wednesday after reports that promotional material for the Google parent’s new artificial intelligence chatbot contained inaccurate information—adding to con...
Alphabet Stock Loses $100 Billion After New AI Chatbot Gives Wrong Answer In Ad
Topline Shares of Alphabet slipped on Wednesday after reports that promotional material for the Google parent’s new artificial intelligence chatbot contained inaccurate information—adding to con...
Fed Official Warns U.S. Debt Default Would Be ‘Catastrophe’ As Bank Of America Gears Up For The Worst
Topline Federal Reserve official Neel Kashkari on Tuesday reiterated the Treasury’s concern over the nation’s looming debt ceiling crisis, and though he’s unsure how likely a potenti...
Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook
Minneapolis Federal Reserve President Neel Kashkari said Tuesday that explosive jobs growth in January is evidence that the central bank has more work to do when it comes to taming inflation. That mea...
Opposite Neel Kashkari’s Analysis, ‘Surge Pricing’ Has Nothing to Do with Inflation
“Our models seem ill equipped to handle a fundamentally different source of inflation, specifically, in this case, surge pricing inflation.” That’s what Minneapolis Fed president Neel Kashkari wrote t...
Fed minutes December 2022:
WASHINGTON – Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday from...