Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Trump's planned mass deportations of illegal immigrants could disrupt labor at some businesses.

Minneapolis Federal Reserve President Neel Kashkari adds his voice to the chorus of economic experts on the potential effects of Trump's central campaign theme.

Widespread deportations from the United States would likely cause disruptions in some businesses, while their impact on inflation and the broader economy probably would depend on the details, Minneapolis Federal Reserve President Neel Kashkari said Sunday.

Federal Reserve Bank of Minneapolis President Neel Kashkari said the top figures from the latest consumer price report confirm inflation is headed down toward the central bank’s 2% target. Kashkari, who spoke just minutes after the release of the October consumer price index,

Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, noting that data released minutes earlier 'confirms' that downward path.

FILE PHOTO: Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024. REUTERS/David Swanson/File Photo