Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari said on Monday that the monetary policy is still in a restrictive stance, adding further "modest" rate cuts could be ...
Minneapolis Federal Reserve President Neel Kashkari signaled that further modest cuts to the central bank’s benchmark interest rate may be necessary in the coming quarters. Speaking at a ...
Oct 14 (Reuters) - U.S. Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday more rate cuts likely lie ahead for the central bank as the 2% inflation target looms into ...
(Reuters) - U.S. Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday more rate cuts likely lie ahead for the central bank as the 2% inflation target looms into sight.
The Fed last month cut the policy rate by a bigger-than-expected half of a percentage point, to a range of 4.75% to 5%, given cooling in both inflation and labor markets. It was the first rate ...
Minneapolis Federal Reserve President Neel Kashkari said it appears likely that “further modest reductions” in the central bank’s benchmark interest rate will be appropriate in coming quarters.