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Federal Reserve Board Chair Jerome Powell defended keeping the Federal Funds Rate steady in June per the Fed’s dual mandate: ...
(Reuters) -Federal Reserve Bank of Minneapolis President Neel Kashkari is sticking to his view that cooling inflation will ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said he sees two interest-rate cuts as likely this year — with ...
Minneapolis Fed chief Neel Kashkari still sees room for two rate cuts this yearmaybe kicking off around Septemberbut he's ...
The Fed Fed’s Kashkari says he expects two rate cuts this year, but it’s possible there will be none Minneapolis Fed president says he’s on the more hawkish side of the Fed ...
Kashkari added that if inflation continued to come in stronger than hoped, he anticipates the Fed would hold its benchmark policy rate at the current 5.25%-5.50% range for a longer period of time.
Fed’s Kashkari Sees a Higher Bar for Rate Cuts With Tariffs ... or the other has increased due to tariffs,” Kashkari wrote early Wednesday in an essay published on the Minneapolis Fed’s ...
Ahead of the Federal Reserve’s meeting this month, investors were still holding out hope that the central bank would soon restart the interest rate cuts that it put on pause in January.
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 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 ...
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 ...