In the wake of yesterday’s hotter-than-expected inflation numbers, Minneapolis Fed President Neel Kashkari told PBS the central bank may not cut interest rates at all this year unless the trend changes.
Said Kashkarim: “The longer that inflation just moves sideways and doesn’t actually move back down, that would make me say we should pause indefinitely until we see that confidence that inflation is beat.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.