Sees more modest rate cuts ahead for U.S. economy
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said Monday that consumers can expect smaller interest rate cuts after last week’s significant half-point reduction.
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week’s half percentage point reduction.
Minneapolis Federal Reserve President Neel Kaskari said he expects "further modest reductions" in a key U.S. interest rate "in the coming quarters." Kashkari said interest rates are restrictive - ...
Kashkari now sees less need for aggressive action. Asked whether he favors quarter-percentage-point rate cuts at each of the final two meetings of the year, he said "that's what I've penciled ...
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Kashkari now sees less need for aggressive action. Asked whether he favors quarter-percentage-point rate cuts at each of the final two meetings of the year, he said "that's what I've penciled ...