Federal Reserve's Kashkari: Strong economy could mean fewer interest rate cuts
2024-11-09 16:22:51
Minneapolis United Reserve Chairperson Neil Kashkari said in an interview with the media on Saturdaydesk3cryptocurrencydesktopCrypto News
In an interview with the media on Saturday, Minneapolis Fed President Neil Kashkari said that this matter (rate cuts) is really not dependent on short-term plans between Congress and the new administration - it's really about productivity and economic growth. If that growth can be sustained and our economy becomes more structurally efficient, then that tells me that we may not cut rates as much.
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