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"Federal Reserve Official Questions Need for Rate Cuts Amidst Stalled Inflation"

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Source: Bloomberg
"Federal Reserve Official Questions Need for Rate Cuts Amidst Stalled Inflation"
Photo: Bloomberg
TL;DR

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, suggested that interest-rate cuts may not be necessary this year if inflation remains stable and the economy continues to perform well, indicating a potential shift in the Fed's monetary policy approach.

Topics:businessfinanceeconomy#economy#federal-reserve#financeeconomy#inflation#interest-rates#neel-kashkari
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  1. Fed's Kashkari Floats Possibility of No Rate Cuts This Year  Bloomberg
  2. Fed's Kashkari says 2024 rate cuts under threat if inflation continues to stall  Yahoo Finance
  3. Stocks fall as Fed's Kashkari talks of potentially 'no rate cuts' this year  MarketWatch
  4. 'Sideways' inflation threatens US rate cut forecasts: Fed official  The Australian Financial Review
  5. Fed's Goolsbee: Jotted Down Two Rate Cuts This Year; But If Inflation Continues To Move Sideways, Wonder If We Should Cut Rates At All  Forex Factory

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