{"id":390154,"date":"2026-01-05T19:24:11","date_gmt":"2026-01-05T19:24:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/390154\/"},"modified":"2026-01-05T19:24:11","modified_gmt":"2026-01-05T19:24:11","slug":"venezuela-risk-to-us-economy-is-via-oil-prices-but-not-seeing-it-yet-feds-kashkari-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/390154\/","title":{"rendered":"Venezuela risk to US economy is via oil prices, but not seeing it yet, Fed&#8217;s Kashkari says"},"content":{"rendered":"\n<p class=\"yf-7hmkaz\">Jan 5 (Reuters) &#8211; The main risk to the U.S. economy from the Trump administration&#8217;s \u200bcapture of Venezuela&#8217;s leader over the \u200cweekend would stem from rising oil prices, Minneapolis Federal Reserve \u200cPresident Neel Kashkari said on Monday, but that does not appear to be underway so far.<\/p>\n<p class=\"yf-7hmkaz\">The risk is &#8220;mostly through oil prices,&#8221; Kashkari said in \u2060an interview on \u200cCNBC. &#8220;When Russia invaded Ukraine, it sent a commodity shockwave all around the \u200dworld. It didn&#8217;t happen with Hamas attacking Israel. It has not happened now with the U.S. and \u200bVenezuela. But that&#8217;s the mechanism that &#8230; would \u200cdirectly affect the US.&#8221;<\/p>\n<p class=\"yf-7hmkaz\">&#8220;I don&#8217;t see it so far,&#8221; he added.<\/p>\n<p class=\"yf-7hmkaz\">In the biggest intervention in Latin America since the 1989 invasion of Panama, U.S. Special Forces over the weekend captured Venezuela&#8217;s long-time \u2060leader, Nicolas Maduro, and brought \u200bhim to New York to \u200bface drug trafficking charges.<\/p>\n<p class=\"yf-7hmkaz\">Commodity and financial asset markets so far have shown only \u200da modest \u2060response to the surprise development. U.S. light sweet crude oil prices on Monday were \u2060about 1% higher but were not far above five-year \u200clows touched in December.<\/p>\n<p class=\"yf-7hmkaz\">(Reporting By Dan Burns; \u200cEditing by Chizu Nomiyama )<\/p>\n","protected":false},"excerpt":{"rendered":"Jan 5 (Reuters) &#8211; The main risk to the U.S. economy from the Trump administration&#8217;s \u200bcapture of Venezuela&#8217;s&hellip;\n","protected":false},"author":2,"featured_media":390155,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46,81465,81986,9891,20147],"class_list":{"0":"post-390154","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-economy","12":"tag-neel-kashkari","13":"tag-nicolas-maduro","14":"tag-oil-prices","15":"tag-venezuela"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/390154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=390154"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/390154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/390155"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=390154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=390154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=390154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}