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"It's still a reasonable consideration," Kashkari said in a Bloomberg TV interview. "Right now, knowing what I know today, still considering a 25-basis-point cut in December - it's a reasonable ...
Fed may hold off on a December rate cut if inflation surprises to the upside, Kashkari says. Kashkari says Trump's tariffs aren't inherently inflationary, but retaliatory actions could drive long ...
T he Federal Reserve implemented its third consecutive rate cut of 2024 today (December 18), reducing its benchmark federal funds rate by 25 basis points. This decision lowered the Fed's benchmark ...
The central bank governor said that while the recent uptick in inflation does raise concerns that price growth could get stuck above the Fed’s 2% goal, he doesn’t want to overreact.
"The expectation is that we would do another interest-rate cut in December. We need to see what the data actually looks like before reaching any conclusions," Kashkari said on CBS's "Face the Nation." ...
A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could caus… ...
Speaking at the University of Virginia, in Charlottesville, Cook said that she expects the Fed to cut rates more from the current 4.5% to 4.75% range eventually, but when and how much aren’t ...
Reuters. FILE PHOTO: Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New York City, New York, U.S., May 22, 2023.
"Right now, knowing what I know today, still considering a 25-basis-point cut in December - it's a reasonable debate for us to have," he added in an interview with Bloomberg.
The Fed rate cut for December could impact rates — but maybe not in the way you expect. Getty Images The Federal Reserve implemented its third consecutive rate cut of 2024 today (December 18 ...
Minneapolis Fed President Neel Kashkari said Tuesday the Federal Reserve could hold off on an interest rate cut in December if inflation data comes in hotter than expected. In an interview with ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that it is still appropriate to consider another interest-rate reduction at the Fed’s December meeting, per Bloomberg ...