Minneapolis Fed President Cautious on Rate Cuts, Sees
Published : 08-05-2024 - Duration : 00:46 - View : 726
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Minneapolis Federal Reserve President Neel Kashkari said interest rates may need to remain elevated through 2024 for the Fed to see that inflation is firmly declining. Kashkari wants to see multiple reports of progress on reducing inflation before supporting rate cuts, noting he would need positive inflation readings and weaker job growth data show...

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