Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said Monday that consumers can expect smaller interest ratecuts 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 ratecuts after last week’s half percentage point reduction.
Kashkari now sees less need for aggressive action. Asked whether he favors quarter-percentage-point ratecuts at each of the final two meetings of the year, he said "that's what I've penciled ...
Federal Reserve of Minneapolis president Neel Kashkari believes there should be, and will be, further interest ratecuts in 2024. In an essay explaining his support for last week’s 50-basis ...
“Ultimately, the path ahead for policy will be driven by the actual economic, inflation and labor market data,” Kashkari said Monday in Buenos Aires at a conference held by the Central Bank of ...
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