Minneapolis Federal Reserve President Talks Potential Rate Hike Impact

Tuesday, 7 May 2024, 15:54

Minneapolis Federal Reserve President Neel Kashkari discusses the possibility of a rate hike based on inflation trends. The central bank is evaluating if inflation will continue to decrease or stabilize at 3%, which might lead to further tightening of monetary policy.
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Minneapolis Federal Reserve President Talks Potential Rate Hike Impact

Fed’s Neel Kashkari on Rate Hike Possibility

The biggest question facing the U.S. central bank is whether inflation is going to continue to resume its downward trend or settle at around a 3% level, in which case monetary policy may have to be tightened further, Minneapolis Federal Reserve President Neel Kashkari said Tuesday.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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