Chronicles

Kashkari wants bold response to protect economy

“Overreaction” is exactly the response the federal government and the Federal Reserve needs to adopt to combat the negative economic impact of the COVID-19 contagion, said Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, in a televised interview March 22. Reflecting on the Fed’s response to the 2008 economic collapse, Kashkari said “we … Read more