Fed's Kashkari: Central Bank in Wait-and-See Mode (Connecting the Dots: Minneapolis Federal Reserve Bank President Neel Kashkari, The U.S. Chamber of Commerce, Pacific Investment Management Company (Pimco), The Economic Club of Washington, The U.S. Department of the Treasury & Soros Funding, All Networking)
Newsmax.com
Tuesday,
24 June 2025 02:30 PM EDT
https://www.newsmax.com/finance/streettalk/neel-kashkari-federal-reserve/2025/06/24/id/1216280/
Minneapolis Federal Reserve Bank President Neel
Kashkari Tuesday
said that while recent inflation readings suggest disinflation is underway, the
central bank is taking its time to get more clarity on whether tariffs will
change that, and by how much.
"The
Federal Reserve has basically been in wait and see mode, saying we need to get
more clarity on how this is all playing out in the economy before we are
confident on what tariffs are going to do to inflation," Kashkari told the
La Crosse, Wisconsin Area Chamber of Commerce.
"We've
been taking our time to try to get a sense of what's really going on before we
make any dramatic changes in our policy outlook."
Connecting
the Dots:
Neel T. Kashkari is
the president and CEO for the Federal Reserve Bank of Minneapolis, was an
assistant secretary for international affairs for the U.S. Department
of the Treasury and a managing director at the Pacific Investment
Management Company (Pimco).
Akin,
Gump, Strauss, Hauer & Feld, LLP was the lobby firm for the Pacific
Investment Management Company (Pimco) and is the lobby firm for
the U.S. Chamber of Commerce.
Victor H. Fazio
Jr. is a lobbyist for the Pacific Investment Management
Company (Pimco) and a senior adviser for Akin, Gump,
Strauss, Hauer & Feld, LLP.
Vernon E. Jordan
Jr. is a senior counsel for Akin, Gump, Strauss, Hauer &
Feld, LLP, an honorary trustee at the Brookings
Institution (think tank) and was the president of the Economic Club of
Washington.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to Promote
Open Society.
Akin, Gump, Strauss, Hauer & Feld, LLP was the lobby firm for the Pacific Investment Management Company (Pimco) and is the lobby firm for the U.S. Chamber of Commerce.
Mark S. Ordan is a director at the U.S. Chamber of Commerce
and a director at the Economic Club of Washington.
Joseph M. Rigby is
a director at the U.S. Chamber of Commerce and a director at
the Economic Club of Washington.
Eric A. Spiegel is a director at the U.S. Chamber of Commerce and a director at the Economic Club of Washington.
Robert G. Liberatore is a director at the Economic Club of
Washington and was a director at the Atlantic Council of the
United States (think tank).
Open Society Foundations was a funder for the Atlantic
Council of the United States (think tank).
George Soros is the founder & chairman for the Open
Society Foundations.
Timothy D. Adams is
a director at the Atlantic Council of the United States (think tank) and
was an undersecretary for the U.S. Department of the Treasury.
David D.
Aufhauser is a director at the Atlantic Council of the United
States (think tank) and was a general counsel for the U.S.
Department of the Treasury.
James A. Baker III is
an honorary director at the Atlantic Council of the United States
(think tank) and was a secretary for the U.S. Department of
the Treasury.
Kenneth W. Dam is
a lifetime director for the Atlantic Council of the United States
(think tank) and was a deputy secretary for the U.S.
Department of the Treasury.
Stuart E.
Eizenstat is a director at the Atlantic Council of the United
States (think tank) and was a deputy secretary for the U.S.
Department of the Treasury.
Robert M. Kimmitt is
a director at the Atlantic Council of the United States (think tank) and
was a deputy secretary for the U.S. Department of the Treasury.
George P. Shultz is
an honorary director at the Atlantic Council of the United States
(think tank) and was a secretary for the U.S. Department of
the Treasury.
Herbert M.
Allison Jr. was a director at the Atlantic Council of the
United States (think tank) and an assistant secretary at the U.S.
Department of the Treasury.
Teresa M. Ressel was
a director at the Atlantic Council of the United States (think tank) and
an assistant secretary at the U.S. Department of the Treasury.
Robert G.
Liberatore was a director at the Atlantic Council of the
United States (think tank) and is a director at the Economic
Club of Washington.
Edward J. Mathias is a director at the Economic Club of Washington and a managing director at the Carlyle Group.
Jerome H. Powell (Jay) was a partner at the Carlyle
Group and is the Chairman for the Federal Reserve System.
David M.
Rubenstein is a co-founder & co-CEO for the Carlyle Group,
the president of the Economic Club of Washington, the co-chairman
for the Brookings Institution (think tank) and (spent Thanksgiving with Joe Biden).
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to
Promote Open Society.
Vernon E. Jordan
Jr. is an honorary trustee at the Brookings Institution (think
tank), a senior counsel at Akin, Gump, Strauss, Hauer & Feld,
LLP and was the president of the Economic Club of Washington.
Akin,
Gump, Strauss, Hauer & Feld, LLP is the lobby firm for the U.S.
Chamber of Commerce and was the lobby firm for the Pacific
Investment Management Company (Pimco).
Neel T. Kashkari
was a managing director at the Pacific Investment Management Company (Pimco),
an assistant secretary for international affairs for the U.S.
Department of the Treasury and is the president and CEO for the Federal
Reserve Bank of Minneapolis.
Resources:
Past Research
Pimco's
Crescenzi Is Bullish on Bonds (Past Research on the Pacific Investment
Management Company (Pimco))
Friday,
December 27, 2013
https://thesteadydrip.blogspot.com/2013/12/pimcos-crescenzi-is-bullish-on-bonds.html
Ex-Treasury
official Kashkari running for Calif. Governor (Past
Research on the Pacific Investment Management Company (Pimco))
Wednesday,
January 22, 2014
https://thesteadydrip.blogspot.com/2014/01/ex-treasury-official-kashkari-running.html
How
Does the Fed Affect the Stock Market? (Connecting the Dots: The Federal Open
Market Committee, The Federal Reserve, The Stock Market, CNN, The U.S.
Department of the Treasury, The Economic Club of Washington, The Carlyle Group
& Soros Funding, All Networking) (Past Research
on the Economic Club of Washington & the U.S. Chamber of Commerce)
Sunday,
June 22, 2025
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