{
}
Federal Reserve Bank of Minneapolis President Neel Kashkari indicated that considering a 25-basis-point interest rate cut at the December meeting is still reasonable. He noted the economy's resilience against higher rates may suggest a higher neutral rate, prompting questions about the effectiveness of current monetary policy in cooling demand and its impact on inflation.
Federal Reserve Bank of Minneapolis President Neel Kashkari indicated that a further interest-rate cut is still a viable option for the central bank's December meeting. He stated that considering a 25-basis-point reduction remains a reasonable discussion among policymakers.
Minneapolis Fed President Neel Kashkari indicated that the decision for another interest-rate cut at the December meeting will hinge on upcoming inflation data. He noted that a significant surprise in inflation could alter the current outlook for policymakers.
Minneapolis Fed President Neel Kashkari stated that a robust economy and increased productivity could lead to fewer interest rate cuts than anticipated. He emphasized that it is premature to assess the impact of the incoming Trump administration's policies on inflation and rate adjustments, urging a wait-and-see approach.
Federal Reserve Bank of Minneapolis
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Fed's Neel Kashkari considers interest rate cut at December meeting
03:02 26.11.2024
fed official suggests potential interest rate cut in december meeting
00:00 26.11.2024
kashkari warns inflation data could impact december interest rate decision
21:02 12.11.2024
strong economy may lead to fewer interest rate cuts says kashkari
16:57 09.11.2024
Trending
Subcategory
Corporate News
Startups & Entrepreneurship
Industry Trends
Global Trade Developments
Stock Market Updates
Industry Mergers & Acquisitions
Private Equity Deals
Inflation and Monetary Impact
Supply Chain Management
Government Economic Policies
Retail and Consumer Goods
Cryptocurrency Trends
Venture Capital Investments
Fintech Startups
Workplace Trends
CEO Changes
Central Bank Actions
Central Banks and Digital Currencies
Finance Mergers & Acquisitions
Energy Sector Developments
Countries:
Companies:
Apple Inc.
Foxconn Technology Co., Ltd.
NVIDIA Corporation
Nasdaq 100 Jun 25
Tesla, Inc.
Tencent Holdings Ltd
Google Inc.
NIO Inc.
Nikkei 225
Nintendo Co., Ltd.
Grab2Go AS
OLA ELECTRIC MOBILITY LTD
Boeing Co
Airbus SE
Amazon.com, Inc.
Oracle AI USD
AppLovin Corp.
Tesmec S.p.A.
DeepSeek R1 USD
LG Electronics Inc.
Currencies:
United States Dollar
Indian Rupee
Euro
Chinese Yuan
Japanese Yen
United Arab Emirates Dirham
Egyptian Pound
New Taiwan Dollar
Indonesian Rupiah
Saudi Riyal
Offshore Chinese Yuan
Hong Kong Dollar
Malaysian Ringgit
Filipino Peso
West African CFA Franc
South Korean Won
Thai Baht
Mexican Peso
Croatian Kuna
Bahraini Dinar
People: