News

(Reuters) -Federal Reserve Bank of Minneapolis President Neel Kashkari is sticking to his view that cooling inflation will allow the world's most important major central bank to cut its policy rate ...
Federal Reserve Board Chair Jerome Powell defended keeping the Federal Funds Rate steady in June per the Fed’s dual mandate: prudent monetary policy regulating the money supply that keeps inflation ...
The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on ...
Minneapolis Fed chief Neel Kashkari still sees room for two rate cuts this yearmaybe kicking off around Septemberbut he's ...
Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...
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.
FILE PHOTO: Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said he expects the Fed to cut interest rates two times — or potentially just once — in 2024, but emphasized he hasn’t finalized ...
"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 fall ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said interest-rate cuts may not be needed this year if progress on inflation stalls, especially if the economy remains robust.
Kashkari said in March that he thought the Fed would need to deliver two interest rate cuts in 2024, but that he may mark that down to just one cut or even no cuts, depending on the data, when the ...
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.