Fed's Kashkari Says 'Can’t Make Policy Based on Market Blips'

The video features a discussion with the President of the Minneapolis Fed about the Fed Minutes, inflation, and market reactions. The conversation covers the Fed's approach to gradual adjustments, inflation outlook, and the potential overreactions of Wall Street. The speaker emphasizes the importance of focusing on long-term economic goals and differentiating between market corrections and financial crises. The Fed's dual mandate of stable prices and maximum employment is highlighted, along with the challenges of managing inflation and market stability.

What is the significance of the word 'further' in the context of the Fed's statements?

How does the speaker view the relationship between inflation and wage growth?

What concerns does the speaker express regarding Wall Street's reactions to inflation?

What dual mandate does Congress give to the Fed?

How does the speaker differentiate between a stock market correction and a financial crisis?