Reported 12 days ago
Neel Kashkari, president of the Minneapolis Fed, indicated that unexpected inflation over the next month could lead the Federal Reserve to reconsider its decision to cut interest rates during its December meeting. With the Consumer Price Index (CPI) report indicating a slight increase in inflation due to rising housing costs, Kashkari acknowledged uncertainties surrounding proposed economic policies from President-elect Trump that could further impact inflation and the Fed's rate-cut plans.
Source: YAHOO