Minneapolis Fed chief Neel Kashkari still sees room for two rate cuts this yearmaybe kicking off around Septemberbut he's ...

Federal Reserve Bank of Minneapolis President Kneel Kashkari sees room for two interest-rate cuts this year, while warning ...

Federal Reserve Board Chair Jerome Powell defended keeping the Federal Funds Rate steady in June per the Fed’s dual mandate: ...

Federal Reserve Bank of Minneapolis President Neel Kashkari said he sees two interest-rate cuts as likely this year — with ...

Fed's Kashkari expects two rate cuts this year, with pause possible. By Reuters. June 27, 2025 12:03 PM UTC Updated June 27, 2025 Neel Kashkari, president and CEO of the Federal ...

An unexpected pickup in underlying inflation last month nudged price pressures further from the Federal Reserve's 2% target, ...

Kashari said he has left his rate projections for 2025 unchanged since December. At that point, Fed policymakers had ...

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.

Fed's Kashkari expects two 2025 rate cuts, first possibly in September. Jun. 27, 2025 9:12 AM ET By: Max Gottlich, SA News Editor 5 Comments. Play (2min) Bet_Noire.

It could also figure into Trump's approach to Powell's final months as Fed chair, with his term ending in May 2026. The Fed's benchmark rate has remained between 4.25% and 4.50% since December.

In an essay released on Friday, Kashkari also signalled that if progress on inflation stalls or reverses the Fed could simply pause its rate-cutting cycle until prices ease again. In this scenario ...

In this scenario, the effect of tariffs on inflation may simply arrive later than expected, Kashkari said. At the same time, Kashkari said, the economic data so far has revealed "only a modest imprint ...