Are we in a recession? It doesn’t matter, Fed official says: ‘I’m focused on the inflation data’ - CNBC

7/31/2022 12:00:00 AM2 years 9 months ago
by Cameron Albert-Deitch
by Cameron Albert-Deitch
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, told CBS' "Face the Nation" that inflation poses a larger threat than a potential recession.
If you're debating whether or not the U.S. is in a recession, you're asking the wrong question, according to a top Federal Reserve official. "Whether we are technically in a recession or not doesn't… [+2506 chars]
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