Reported about 3 hours ago
Minneapolis Fed President Neel Kashkari noted that strong labor market data indicates the possibility of a modest reduction in the U.S. central bank's policy rate by the end of 2025. With unemployment at 4% and a cooling rental market aiding in inflation decline, he emphasized a cautious approach as the Fed awaits further data on tariffs, immigration, and fiscal policy to inform future decisions on interest rates.
Source: YAHOO