Minneapolis Federal Reserve President Neel Kashkari expressed concerns on CBS’ “Face the Nation” that President-elect Donald Trump’s tariff proposals could lead to long-term inflation if other countries retaliate. While one-time tariffs may not significantly impact inflation, escalating trade disputes could pose a greater threat. Kashkari highlighted the importance of monitoring data before deciding on further interest rate cuts and emphasized the Fed’s commitment to economic factors, not political influences, in shaping monetary policy.
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30 must-read new thriller books
When a wealthy 10-year-old boy goes missing, his bully, Dylan Grimes, becomes the prime suspect, forcing Dylan's party-girl mother, Florence, to clear his name in Sarah Harman's novel. In C.J. Box's latest Joe Pickett installment, the Wyoming game warden searches for the governor's missing son-in-law in the Sierra Madres. Meanwhile, Alice Feeney's thriller follows a man whose wife vanishes, leading him to a Scottish island where he encounters a mysterious doppelganger. Full Article
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