FED'S KASHKARI SAYS THE FED'S SEPTEMBER RATE HIKE SHOWED THE CENTRAL BANK WILL ACT TO LOWER INFLATION AND THAT MARKETS NOW SEE CHAIRMAN WARSH WILL ACT TO COOL IT, WITH MARKET INFLATION EXPECTATIONS STILL CENTERED ON 2%, AND ADDS THAT HE DOES NOT SEE SIGNS OF SYSTEMIC RISK IN THE FINANCIAL SYSTEM AND THE TREASURY MARKET HAS BEEN FUNCTIONING EVEN WITH THE YIELD RISE.
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