Reported 12 days ago
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, discusses the Fed's recent interest rate cuts and the resilience of the US economy amid inflation surprises. He believes further cuts could be paused in December if inflation unexpectedly rises, while also acknowledging the impact of potential changes in policy under a second Trump presidency on inflation dynamics. Kashkari remains cautiously optimistic about achieving the Fed's 2% inflation target.
Source: YAHOO