Economy News Us Economy News Today Fed S Kashkari Sees Interest Rates At Current Levels For ‘indefinite’ Period

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Read More

Minneapolis Fed’s Neel Kashkari cools on third rate cut this year

Leaders of the Federal Reserve Bank have split opinions on whether to hold interest rates steady or make another dent. Read More

US economic activity little changed ahead of next Fed meeting, report shows

U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the Federal Reserve's 12 districts and consumer spending declined, the U.S. central bank said ... Read More

Fed's Kashkari: Economy May Not Be Slowing as Much as We Think

(Reuters) -Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the ... Read More

Fed's Kashkari did not back last rate cut, undecided on December - report

Minneapolis Federal Reserve President Neel Kashkari did not support the Fed's interest rate cut last month, he told Bloomberg News in an interview, but he's undecided on the next policy move. "The ... Read More

Fed's Kashkari wanted rate-cut pause in October, reports Bloomberg News

(Reuters) -Minneapolis Federal Reserve President Neel Kashkari told Bloomberg News in an interview on Thursday that he did not support the Fed's interest-rate cut in October given the economy's ... Read More

Dollar Declines and Gold Soars on Expectations of Fed Rate Cuts

The dollar index (DXY00) on Wednesday fell by -0.28%. The dollar moved lower on Wednesday after dovish comments from Boston Fed President Susan Collins reinforced expectations that the Fed will cut ... Read More

Here's what to expect from the Fed's interest rate meeting today

The Federal Reserve is set to make its next interest rate decision today, even as a near-total blackout of federal economic data continues amid the government shutdown. The Labor Department, however, ... Read More

Fed's Kashkari: Economy may not be slowing as much as we think

Kashkari sees more risk of labor market downturn than inflation surge Sees rate cuts as insurance against unlikely dire outcomes The longer government shutdown, the less confident in read on economy: ... Read More