Federal Reserve's Kashkari: Expects FOMC to cut interest rates as year-end approaches
ChainCatcher news, Kashkari from the Federal Reserve stated that the FOMC is expected to cut interest rates as the end of the year approaches. The Federal Reserve is in a strong position to take its time and observe the data; the job market is performing better than expected; the labor market may cool further, with hopes for a moderate decrease.
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