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Minneapolis Fed President Neel Kashkari said Friday "I don't see much risk in inflation shooting way above 2%," and the pandemic is likely to remain a major force in the economy throughout 2021.

He also said the sad reality is that some of the economy's progress may be coming from an increased tolerance for deaths linked to Covid-19 rather than increased resiliency around doing business.

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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