Reported 9 days ago
Minneapolis Federal Reserve President Neel Kashkari stated that the threshold for cutting interest rates has increased, largely due to ongoing tariffs and inflation concerns, despite fears of a weakening economy. He emphasized the necessity of anchoring long-term inflation expectations, which have become uncertain with current trade policies. Other Fed officials echoed this cautious stance, indicating that the central bank does not intend to rush into rate cuts in the face of complex economic dynamics.
Source: YAHOO