Federal Reserve's Kashkari: Interest rate cuts can only be considered when we are confident that inflation is returning to the 2% target
ChainCatcher news, Minneapolis Federal Reserve President Kashkari stated that there is increasing evidence that inflation may have peaked, and if inflation continues to rise, higher interest rates may be necessary. The Federal Reserve can only consider cutting rates when it is confident that the inflation rate is returning to the 2% target. (Source link)
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