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Top Fed Official Backs Jul. Rate Cut
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Fed official sends strong message on interest rate cutsThe Federal Reserve Bank of Minneapolis President and CEO Neel Kashkari expects changes ahead in 2025, even though there hasn’t been a rate cut all year. Related: Fed official makes ...
(Reuters) -Minneapolis Federal Reserve President Neel Kashkari on Monday said he supported the U.S. central bank's recent interest rate cut, calling it the "right decision" in light of ...
"It's still a reasonable consideration," Kashkari said in a Bloomberg TV interview. The Fed began cutting interest rates in September after gaining confidence that inflation would continue to ...
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