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

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

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

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

Fed Is Likely to Cut Rates Again as ‘Insurance’ Against a Weakening Economy

With the job market cooling and inflation still about a percentage point above the central bank’s 2% target, Fed officials have sought to balance both sides of their dual mandate by moving cautiously ... 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. Read More

Stronger Economy Halts Fed’s December Rate Cut

Job growth and recent inflation data show the U.S. economy is stronger than expected, hiring remains healthy and inflation has ticked up. Federal Reserve Chair Jerome Powell’s resistance to sharply ... Read More