Economy News Fed’s Kashkari Says Economy Strong, But Inflation Not Vanquished

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

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. 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

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. 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 cuts interest rates for second time this year amid labor market weakness

The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ... Read More

Minneapolis Fed’s Neel Kashkari: Fed cuts might not lead to lower mortgage rates

American consumers are waiting for the Federal Reserve to cut rates so they can buy or sell their homes, but Minneapolis Fed President Neel Kashkari said Tuesday that the long-awaited mortgage rate ... Read More